Loan to buy out a business partner

Funding for one director or shareholder to buy out another. Common in long-running family businesses or agency partnerships where one principal exits.

Who needs this

Established UK Ltd companies with multiple directors / shareholders where one is exiting. The remaining principal needs funding to acquire the exiting share. Tax planning matters materially (entrepreneur's relief / BADR for the exiter, structuring for the acquirer).

Products that fit

  • Term loans secured against company assets
  • Asset-backed lending where company has hard assets
  • Bespoke commercial finance for £500k+ deals

Top UK lenders

  • OakNorth for bespoke £500k+
  • Allica Bank for asset-backed
  • Specialist commercial brokers for complex structures

Watch outs

  • Tax structuring is material; involve an accountant early.
  • Lender will want to see post-buyout governance and the remaining director's capability.
  • Outgoing partner's PG release needs to be documented.

Alternatives worth considering

  • Vendor loan from the exiting partner (paid over 3-5 years)
  • Phased buy-out via earn-out structure
  • External equity if debt is not the right answer

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Last reviewed: 2026-04-26.

Trusted comparison data sourced from

UK FinanceABFABusiness MoneyFundInvoiceBCR PublishingThe Gazette
85 providers compared Updated April 2026 Independent editorial