<prompt> Human: A friend of the family is desperately wanting to sell his small business and hes offering it to us at a very good price, 120k. He puts very little work into the place and he makes about 30k a year from it. He said by cutting labor and working there myself I could almost double that.Anyway I have about 35k saved up and Id like to buy his business myself. Ive never taken out a loan before and I have very little credit history. Ive had a low limit credit card for 2 years that I use sparingly every month just to try and build my credit. I currently earn about 23k a year. How do I go about getting a loan to buy this business ? My mother has excellent credit and earns a lot of money and she would be willing to cosign for me if needed.  <response>: You will need financial records for the business. So you can show earnings and assets that you are buying. This is a good idea anyways, so you can verify the information you are being told 