▲ 3 r/EntrepreneurCanada+2 crossposts

US citizen looking for a lender to buy a Canadian business

I am a US Citizen and found a Canadian business that I'd like to acquire (and have it be operated by my family member who is a Canadian citizen. ). I have enough assets and collateral to guarantee my loan and the business is profitable with enough cash flows to easily service the loan. What lenders should I talk to ? Canadian small biz lenders say they don't lend to US citizens, and US lenders tell me they can't lend for a non US purchase.

My family member doesn't have enough collateral or downpayment. I am putting the money. They are simply going to run it on salary and some performance equity

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u/iloveimprov — 1 day ago