Answers

Can I get funding for a business I just bought? A plain answer.

Q: Can I get funding for a business I just bought?

Often yes, if the business has continuous revenue and you can show it. Funders read the business's deposits, so a new owner with the previous owner's statements, the purchase agreement and uninterrupted operations can be reviewed. Expect questions about the transition and any change in revenue since the sale.

Often yes, if the business has a continuous revenue history and you can show it. Funders read the business's deposits; a new owner with the previous owner's statements, the purchase agreement and continuous operations can be reviewed. Expect questions about the transition and any changes in revenue.

Apply Now Do I Qualify?

✓ Checking what you qualify for does not affect your credit score.

Can I get funding for a business I just bought?

Key facts

The revenue history belongs to the business, not the owner
Send the purchase agreement and pre-sale statements
Disclose any vendor take-back financing
Stable customers and suppliers after the sale help

What funders look at

When a business changes hands, the revenue history belongs to the business but the account and the owner may be new. A funder wants to see that revenue continued without a break, that customers and suppliers stayed, and that the new owner is running it the same way or better.

Documents that help

The purchase agreement, showing what was bought and when.
Bank statements from before the purchase, under the previous owner, if available.
Statements since the purchase from the new owner's account.
Any vendor take-back financing or other obligations from the purchase.

Common situations

Share purchase: the same company and often the same bank account; history is straightforward.
Asset purchase: a new company and account; the old statements fill the gap.
Vendor financing: the payments to the seller are an existing obligation to disclose.

Where Canadian files usually start

Monthly revenueTypically from around $20,000 a month in deposits for Canadian files. The exact line varies by funder and by file.

Time in businessTypically about 12 months. Newer businesses can be reviewed, but the options narrow.

Account healthLimited low-balance or negative days. Funders read the last few months of bank statements for this.

CreditScores from 500 are considered. A score of 600 or higher opens more options and better offers.

DocumentsA signed application and recent business bank statements, typically the last four months.

Existing advancesFiles with an existing advance can be reviewed, including second position.

If your question is about your own file rather than the general rule, the fastest route to a specific answer is a review. Send a signed application and your last four months of business bank statements, mention this question in a note, and the response will address it directly. You can also call (305) 384-8391 and ask before applying; there is no cost to ask.

Questions owners ask next

What if the previous owner will not share statements?

Some sellers are reluctant to hand over bank statements. In that case, the purchase file often contains financial statements, sales summaries or point-of-sale reports that show revenue before the sale, and those can support the review.

If you only have a few months of statements under your own ownership, the amount offered will usually be smaller at first and can grow with a renewal once more history builds up.

Sources and review

Reviewed by the Merchant Fund Express team on October 12, 2026. Official pages checked as of that date.

Common questions

Do I need the seller's statements?

They help a lot, especially for an asset purchase.

Can funding help pay for the purchase itself?

Acquisition financing is usually structured differently. Ask before you close.

How soon after buying can I apply?

As soon as you can show continuous revenue.