Easy is relative, but once in a while we are involved in deals that are refreshing. In a case this week, we closed on a transaction that worked out very well for both sides. What started out as a typical purchase with delays and a long list of to-do’s ended smoothly...
With all of the excitement of buying a business, variable rate loans can sometimes add some anxiety. Loan terms vary from bank to bank. Generally, interest rates on a 10-year SBA loan will adjust quarterly as a function of the prime interest rate — typically prime +...
Closing on a deal through Probate Court? Yuck, and Yes, it was a successful closing. However, the process was extremely difficult on the buyer and the family of the deceased owner who were left with the challenge of the transition. Since an estate plan had not been...
The toughest part about buying a business is the follow through. Will you get to the finish line? Will you write the check from your investment account? Will you put your house up as collateral? Do you think that the 10 to 20 year old business you are interested in...
We hope that 2013 has brought you everything you desired and we want to thank you for your business and your friendship. You have helped spread the Apex story and we are feeling the positive impact of our relationships and are growing tremendously. If we can assist...
Although most people don’t like debt, it is critical in most cases to enable a buyer to purchase a business. There are plenty of benefits to using a bank’s money too: It allows a buyer to acquire a bigger and better business. The bank is taking on some of the risk,...
