Oct 17, 2022 | For Business Brokers, Success Stories
While the FED keeps raising interest rates, we keep fixing interest rates! Here’s an example of what fixing interest rates means for our client… Matt had just sold his logistics company and needed a new venture to keep him preoccupied. Phil, his business...
Jul 5, 2022 | Pari Passu Loans, Success Stories
Ok, so what happens when your client is trying to purchase a business for $4.8 million dollars and they only have around $2.3 million in SBA eligibility left because they currently have a $2.7 million SBA loan outstanding? Can you say “Pari-Passu”? That is the only...
Jun 7, 2022 | For Business Brokers, General Information
Most lenders want a 1.25 debt service coverage ratio or DSCR. This means the business you’re listing needs $1.25 coming in for every dollar going out. This is so important when taking on a listing, and is often overlooked by a lot of business brokers. We talk...
Jun 6, 2022 | General Information, SBA Loans
As a small business owner, you may find you need a loan but don’t know where to start. If you could answer these three simple questions, you will know how to get your commercial loan fast-tracked by avoiding wasting time on the wrong type of loan. Is your credit...
