Becoming a business owner doesn’t always start with a brand-new idea. For many entrepreneurs, acquiring an existing business is a smart and strategic path. It offers the benefit of an established customer base, existing operations, and proven revenue, making the dream of ownership more accessible.
In this segment from The Morning Blend, Tom Meyer, Executive Vice President and Director of SBA Lending at Centrust Bank, returns to the studio to share how business acquisitions come to life with the right financial partner. Joining him is John Edwards, Owner of American Garage Builders, who recently purchased an existing business in Wisconsin.
John’s story is a great example of how the right banking relationship can make a big difference. From navigating the steps of acquiring a business to securing SBA financing, Centrust Bank provided personalized support every step of the way.
Watch the full segment to learn how John made his move and how Centrust Bank may be able to help you do the same.