How to Exit, Business Exit Strategy Podcast

In this enlightening episode, we delve deep with a seasoned banker into the intricate world of financing for entrepreneurs looking to buy or expand their businesses. Discover the nuances of real estate and equipment loans, get insights on the bank's coverage across New England, and unravel the potential of loan programs like those offered by Mass Development. Whether you're eyeing a small closely-held corporation or a major manufacturing giant, understand the metrics, expectations, and challenges you'll encounter. Dive into the nitty-gritty of prescreening processes, the role of evaluations, and learn how regional dynamics like those in Massachusetts play into the broader financial scene. If you're considering a business transaction in the near future, this is one episode you won't want to miss!

The podcast discusses the growth and exit strategy of a company in the produce industry. The company merged its operations to simplify its structure and improve its market presence. The conversation highlights the importance of customer care, reputation, and maintaining financial reserves. They also address the considerations that led to the decision to exit, including family dynamics and the use of a buy-sell agreement with an internal valuation formula for shares. This preparation and agreement played a crucial role in facilitating the exit process.

Are you facing challenges in securing financing for your business purchase? Join Denis Mezheritskiy, President of ROI Advisors, Inc., and Jennifer Mason, a financing expert from Customers Bank, in our exclusive webinar, "Unlocking Business Acquisition Success: Mastering Financing with SBA Guaranteed Loans."

In this Episode, Denis and Jennifer will share expert insights on obtaining financing through SBA guaranteed loans, including 90% financing options. Discover the step-by-step process, overcome common financing challenges, and gain practical strategies to successfully close your business acquisition.