• Sun, Jun 14, 2020
  • Thinking About Buying a Business? Why Now Is the Time!
  • Edison_business_advisors_-_interest_rate__-_sm_post_promo
  • If you have been thinking about buying a business, right now is the time!  The SBA has announced any loan that closes by September 27, 2020 will receive six months of free payments.  That is roughly a 5% discount on the selling price.  This is unprecedented.

    Do you need more reasons?

    1. Interest rates on SBA and bank loans are at or near historical lows.  Money is cheap.
    2. Buying a business coming out of a recession has been historically the best time to buy for wealth creation.
    3. There are more baby boomers who will need to eventually sell their businesses than there are people capable of buying and operating a business.
    4. Some sellers will be highly motivated as rebuilding their business after COVID-19 will not be appealing to them.

    Let an Edison Avenue Advisor help you purchase a business today!

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