Hi, I’m looking to buy a small business in the GTA that I can run alongside my 9–5. I’ve talked to a few brokers and looked at some listings, and also spoke with a banker about financing.
They said I’d need an offer + the business financials to get a proper approval, which makes sense. But right now I’m just trying to get a ballpark of what I could afford and use that when during a conversation with sellers.
Are there any lenders who will review personal finances and provide a rough pre-approval or range before I have a specific deal in place?
u/47nati — 9 days ago