As the median age of the population continues to rise and Baby Boomers continue to exit the workforce, more and more businesses are being offered for sale. Business acquisitions can be tricky and many traditional lenders to not like to lend on goodwill or “blue sky”.
First Resource Capital has worked successfully with both buyers and sellers on partner buyouts and 100% buyouts from unrelated parties. To us, the decision is based on cash flow and not assets used for collateral. We also work with the legal and accounting teams to ensure a smooth transition avoiding many of the pitfalls that can occur in a business acquisition.
Whether you are buying or selling a business or a professional working with a client who is, we can help.