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Matt had just sold his logistics company and needed a new venture to keep him preoccupied. Phil, his business broker, who had just assisted in the sale of his logistics company, located this fence company in Kentucky which was absolutely killing it!

Because Matt was such a stellar borrower, we were able to fix his rate for the life of the loan. He received a 6% APR fixed rate for 10 years on the acquisition of the business for just under $2 million which included $250K in working capital!

This is a fantastic rate considering the rising interest environment we are currently in as a country. Every deal may not look like this moving forward, especially when the Fed has risen rates and will be in a few weeks again. However, what I will say is that we hold our notes and don’t have to sell our guarantees off into the marketplace like most SBA lenders. This gives us the ability to fix rates on the right deals.

We Want to Help You Get More Deals Done!

Call at 800-975-1691 anytime, or click the button below if you have a scenario where you think a fixed rate would be attractive to offer a potential buyer.