buying a business

[zoebrown12]

if i was to buy a business but needed a morgage for that business, would you give me the morgage if i wast working, depending on the net profit that the business brings in?

[ubasses]

Every business loan would be looked at on an individual basis. How much you had to invest yourself, how much you need to borrow, what security you can offer. how good is your business plan and full company accounts probably for the past 3 years. what experience you have in the business. Things have tightened up since I retired due to the recession so I do not kmow how easy it would be these days.

[hc4361]

Why do you need a mortgage and not a business loan?
Have you any security?