Insights

Posted on April 14, 2016

Funding Small Business Ownership Transfers

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About 80 percent of U.S. business owners say they want to pass their family business on to the next generation, but research shows that only 33 percent are successful in the transfer (Chief Executive Magazine). Sometimes, the transfer of the business and resulting financial challenges doom the company to failure. A loan facilitated by the Small Business Administration (SBA) may allow business owners to sell their business and leave a healthy company to the next generation.

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