Oct 7, 2024 | For Business Brokers, SBA Loans, Success Stories
So, if you have not heard about Larks it is a very unique concept where they combine shuffleboard, mini-golf, arcade games, and a great restaurant and bar experience all into one! There is something for everyone. We funded a new Larks location in Kansas just under 1.2...
Oct 3, 2024 | For Business Brokers, SBA Loans, Success Stories
There are always those stories that tug at your heart strings. Rachel who was a long-time resident of the community in Alaska found out the local hardware store was for sale. We were able to fund $540,000 for the purchase of this store so it can go to someone in the...
Oct 1, 2024 | For Business Brokers, SBA Loans, Success Stories
As I have said before, pool maintenance companies are very profitable when they can cover small geographic areas. There is definitely a limited amount of down-time and drive-time when you can clean 20 pools in a 1 mile radius rather than 20 pools in a 20 mile radius....
Sep 27, 2024 | For Business Brokers, SBA Loans, Success Stories
Our bank almost always portfolios the loans they make so we are able to do things other banks won’t do. Most banks have to sell their loans in the secondary market because they are not as well capitalized. Because of this, they need to package their loans and make...
Sep 25, 2024 | For Business Brokers, SBA Loans, Success Stories
Who doesn’t have a pool in Florida? It’s a real pain to maintain these pools so most people hire a maintenance company to take care of this for them. Which makes these pool companies very profitable as they can service a lot of pools in a small geographic area much...
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...
