Mar 22, 2023 | Pari Passu Loans, Success Stories
We just closed a $10 million logistics acquisition in Florida’s Treasure Coast for a seafood trucking company owner who is ready to retire after 30 years. Here’s the story… The owner of a very successful trucking company was finally ready to hang...
Feb 9, 2023 | Pari Passu Loans, Success Stories
Two employees buyout a wood framing company they worked at in Colorado for $9.5 million. Here is how we structured a pari-passu deal to close it. So, these two long-time employees of this wood framing market leader in Colorado wanted to buyout the company from the...
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...
Apr 25, 2022 | SBA Loans, Success Stories
And That’s Just The Beginning! Dr. Anderson has a hair restoration practice in Atlanta with about $1.25 Million in debt on an SBA 7A loan that was prime plus 2.75%. This means that his loan right now was 6.25% and on top of that it is variable. For years having...
Oct 26, 2021 | SBA Loans, Success Stories
Kayla and Kaitlin’s life-long dream was to have their own Dance Studio where they could build it like Sinatra – “Their Way”! Incite Dance Center is their creation and is a space for dance education that goes beyond the physical. IDC will be a...