Buying a business!!!!!!!!

The company I sub contract to is up for sale the owner wants 1.2 million for it if I had a business plan and the books showing a profit would a bank lend me this.--Answer1:no, maby if you can prove a profit.--Answer2:Id be more concerned as to why the company is being sold... you dont want to take on a non-viable business..--Answer3:whats the profit business-boy ?a guarantor or deposit of min.15% would get you a fighting chance. if the trade is recession proof then you will have an even better chance.good luck and feel free to give me best answer.--Answer4:Be careful here.Why are they selling.Can the cashflow of the business support the borrowing now but more importantly for the life of the loan?The lender will want to see that cashflow projections support repayment of the borrowing and in this market they will be very reluctant to lend.Please be careful.

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