A recent article from Inc. entitled “How Change Offers New Opportunity for Buying a Business, During and After Covid-19” discusses how interest rates, SBA loan program changes, and other current conditions are presenting big opportunities for buyers.

Interest rates have dropped to historic lows in response to the economic conditions brought on by the Coronavirus. In addition, the Cares Act introduced a debt relief program that subsidizes the first six months of principal, interest, and fees on SBA loans. These factors bring huge savings for buyers.

Businesses available for sale may be in a variety of situations. Some owners may simply need to sell and opt for an asset sale which can be a more simple process for the seller and buyer. Some businesses, especially those that are essential, are doing well. And others have positioned themselves for post-pandemic growth opportunities. This all adds up to a variety of options for buyers.

Click here to read the full article.

Best,
Eric J. Gall
239-738-6227
[email protected]