Acquisitions
Thank you for considering Eastern Funding as your acquisition financing source.
To formally review a request for acquisition financing Eastern will require the following information:
1. Signed credit application / PFS form
2. 2 years personal tax returns (most recent)
3. 3 months bank statements
4. Completed Profit & Loss Statement
5. Signed or Draft purchase agreement
6. 3 - 6 months utility bills from the subject store (Gas, Water, Electric)
7. Financial statements or tax returns from the seller
8. Copy of the existing premise lease
Upon receipt Eastern’s credit committee will preview this transaction to determine the best possible terms we can offer. Eastern Funding requires a minimum 35% investment for all acquisition financing requests.
Download a helpful Acquisition Checklist.