Sep 20, 2024 | For Business Brokers, SBA Loans, Success Stories
Jonathon and Andrea had just recently received their contractor’s license in California and were ready to start a new career in their own business. Even though we had some valuation issues come up considering the business was a little down in revenue in 2024 we were...
Sep 17, 2024 | For Business Brokers, SBA Loans, Success Stories
Dave had bought a courier service very recently and saw another one for sale that he could easily integrate into the business he had just purchased. It was perfect for him. The lender he had used for the first acquisition said “no way”. They aren’t doing another loan...
Sep 14, 2024 | For Business Brokers, SBA Loans, Success Stories
We were able to finance the person most deserving of buying the pharmacy which was the protégé of the current Pharmacist/owner. It seems like these scenarios don’t happen enough in our modern world, and when they do, they are special. We made a $2.1M loan for this...
Sep 11, 2024 | For Business Brokers, SBA Loans, Success Stories
Corey had just recently bought 5 or 6 Battery Plus stores financed by a competitor bank who he also took this plumbing deal to. They didn’t want to do this plumbing acquisition as it was too soon for them considering the other acquisition he had just made. That’s why...
Sep 6, 2024 | For Business Brokers, SBA Loans, Success Stories
Ram started an IT company and then bought another IT company about a year later for cash. Both of these businesses were doing ok, but not exactly killing it when it came to cashflow. He then saw another IT company for sale within this same year for $1.55M. He really...
Sep 3, 2024 | For Business Brokers, SBA Loans, Success Stories
So a fellow banker who will be left nameless here to protect his identity met us at a show last year. He worked for a major bank who will also be left nameless in this story. That major bank, he knew, would not finance a moving company which he himself wanted to...
