The Morning Blend: Why You Might Consider Acquiring an Existing Business

Starting a business doesn’t always mean starting from scratch. In fact, acquiring an existing business may be a smart path to ownership, especially when you have the right financial partner by your side.

In this video segment, Tom Meyer, Executive Vice President of SBA Lending at Centrust Bank, sits down with client Jack Flynn to talk about the ins and outs of business acquisition. From evaluating opportunities to securing financing, Tom shares expert insights on how entrepreneurs can take the leap into ownership with confidence.

Whether you’re looking to buy out a partner, take over a family business, or purchase an established company in your community, this conversation covers key strategies and potential pitfalls to avoid. As Tom explains, having a bank that understands the nuances of SBA loans may make a big difference in how smoothly and successfully the acquisition process goes.

Watch the full segment and get inspired to take the next step in your business journey.