License acquisition
Capital may be used toward the purchase price of a transferable liquor license, subject to lender underwriting and local transfer requirements.
What acquisition financing may cover
Closing structure
Funding can be coordinated with deposits, escrow, transfer approvals and other closing conditions established by the parties.
Broader collateral
Depending on the lender, the transaction may include additional business assets, guarantees or other collateral beyond the license itself.
What to have ready
- State, county or municipality where the license will be used.
- Exact license class and purchase price.
- Amount of cash you expect to contribute.
- Purchase agreement or letter of intent, if available.
- Business plan, existing operating history or acquisition financials.
- Information about the proposed location and transfer timetable.
How a lender may look at the request
LicenseTransferability, status, scarcity and market value.
EquityBorrower's cash contribution and financial commitment.
Cash FlowExpected or historical ability to service the debt.
CollateralLicense, business assets, guarantees and lien position.
Typical path from offer to funding
Identify the license
Confirm the exact license and negotiate the purchase terms.
Request financing
Provide the core transaction information so potential lenders can evaluate the opportunity.
Complete underwriting
Interested lenders may request financial documents, credit information, valuation support and closing documents.
Coordinate closing
Funding is coordinated with transfer approvals, escrow and final loan documentation.
No automatic approval: financing terms, loan-to-value, required equity, rates and collateral requirements are determined by the lender for each transaction.
Have a license purchase in mind?
Start with the pre-qualification page and organize the transaction for lender review.