Need info...any business loan officers/entrepreneurs out there?

[STV_Keith]

Looking for some info on what a "group" would have to take to the bank to get a loan to buy a business. What will the bank want to see for paperwork (financials, personal credit, etc)? What kind of terms are typically seen out there (repayment term/% rate)?

[HM]

Looking for some info on what a "group" would have to take to the bank to get a loan to buy a business. What will the bank want to see for paperwork (financials, personal credit, etc)? What kind of terms are typically seen out there (repayment term/% rate)?
I have an associate that is a business broker that would give you a very good answer on that. PM me and I'll give you Dr. George's number.