Sept. Pacific Business Sales:

Industrial Equipment Manufacturer – Orange County

Electrical Sign Manufacturer – Inland Empire

Electrical and Control Systems Contractor for medical/healthcare facilities -Orange County

Plumbing Company – Orange County

Glass Sales and Installation Company – Inland Empire

Plus 2 Orange County Marketing Agencies in escrow due to close before the end of year

Added 3 New listings

Roofing Contractor – Riverside County

HVAC Company – Orange County

Painting Company – Orange County

100% of Business Sales in Sept. utilized SBA financing and these buyers were able to qualify for 6 months of loan forgiveness because we closed before Sept 27th.

75% of our transactions in 2020 have been funded with SBA financing, the other businesses were purchased with cash.

SBA Loan terms for business acquisition loans

• 6 months of loan payments forgiven if closed by Sept. 27.
• 6 months of loan forgiveness for new business acquisition loans may be included in the next stimulus package in Congress right now.

With the help of the Escrow and SBA PLP (Prefered Lending Program) banks, we were able to close these transactions before the deadline.

2020 Closing rate- 80% – industry average 25% to 35% (source BizBuySell.com)

We love what we do helping business owners sell their business so they can retire or move on to their next venture and buyers embark on their dream of owning their own business.

Source: https://thenewsfront.com/why-were-one-of-the-most-active-business-broker-in-orange-county/