The 7-Minute Takeover S2 Ep 43: Can You Use Personal Debt to Buy a Business?

The 7 Minute Takeover · Oct 22, 2026 · 6m

Are you putting a deal together and wondering if you can use personal debt to cover your equity down payment?In this episode of The 7 Minute Takeover, we discuss using personal debt such as HELOCs, personal loans, or family loans to fund a business acquisition. Learn how commercial lenders view these options, how additional debt can impact business cash flow, and why setting up a line of credit before starting your search can work to your advantage!Timestamps: 00:08 – Can you use personal debt to acquire a business?00:47 – Types of personal debt options (HELOCs, private loans, family…