Giving up your plumbing business can be an emotional and financial crossroads. Whether you built it up on your own or took it over from family, saying goodbye is never easy; however, if you do it smartly, it could mean a great payday and a long-lasting legacy. The demand for established service-based businesses such as…
Posts Tagged ‘Business Purchase’
Pipe Dreams to Profits: Selling Your Plumbing Business the Smart Way
Monday, April 28th, 2025
Selling a Business in the Digital Age: Strategies That Work in 2025
Tuesday, April 22nd, 2025Selling a business has always been a massive milestone, but by 2025, the digital age will have changed how selling is done today. With the evolution of technology, AI-driven analytics, and online platforms, today’s entrepreneurs have tools that help them streamline everything from valuation to closing deals. Whether your business is a brick-and-mortar shop or…
Business Purchase Financing: Mezzanine
Wednesday, March 23rd, 2016Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It could be described as a hybrid of debt and equity financing that is is typically used to finance the expansion of…
Business Purchase Financing: Bank Loans
Wednesday, March 23rd, 2016Bank Loans are an option that some Potential Buyer can use to finance the purchase of a business. Banks and other lending agencies provide unsecured loans commensurate with the cash available for servicing the debt. “Unsecured” is a misleading term, because banks and other lenders of this type will aim to secure their loans…
Business Purchase Financing: SBA Backed Loans
Wednesday, March 23rd, 2016SBA Backed Loans can be an option for financing a business purchase. Thanks to the U.S. Small Business Administration Loan Guarantee Program, favorable financing terms are available to business buyers. Similar to the terms of typical seller financing, SBA loans have long amortization periods (ten years), and up to 70 percent financing (more than usually…
Business Purchase Financing: Venture Capitalists
Wednesday, March 23rd, 2016If you are looking to finance your business purchase through investors, venture capitalists are an option. Venture capitalists have become more eager players in the financing of independent businesses. Previously known for going after the high-risk, high-profile brand-new business, they are becoming increasingly interested in established, existing entities. This is not to say that outside…
Business Purchase Financing: Seller Financing
Wednesday, March 23rd, 2016Seller financing is perhaps one of the simplest–and best–ways to finance the acquisition of a business. This means that the business buyer works hand-in-hand with the seller. The seller’s willingness to participate will be influenced by his or her own requirements: tax considerations as well as cash needs. In some instances, sellers are virtually forced to…
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Gateway’s brokers are always willing to assist business owners and prospective business buyers with education, resources, and guidance through the process of buying and selling businesses. We are here to answer any questions to make the selling & buying process a smooth transition. Call or Email for a free consultation.