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Small Business Lending on the Rise
Business Owners Receive Funding from Community Banks and Alternative Sources
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 Funding for small business appears to be improving, according to a recent article in Entrepreneur Magazine. Small-business lenders have seen a growing demand due to improved sales and better credit ratings from businesses.
Although larger banks are still slow in approving more loans to small businesses, a few alternative funding sources are becoming attractive to entrepreneurs. Many small business owners are considering crowd-funding sites such as Kickstarter, IndieGoGo and Rocket Hub to raise funds from large pools of investors.
Other companies such as SD Cooper, Benetrends and Guidant Financial have helped business owners roll over their retirement savings into new businesses or franchises, while avoiding any type of early-withdrawal fees.
Entrepreneurs Gravitating Toward Community Banks
The number of small-business loans provided by community banks grew from $17 billion to $302 billion between 2007 and June 2011. According to Ami Kassar, CEO of MultiFunding, this can be seen as a result of local banks being better outfitted and flexible to handle the nuances that can occur with small-business lending. Loan officers for small banks will work more hands-on with small businesses to clarify sections of an application that are vague or questionable.
SBA Lending Increases
SBA loans have also reached their highest level ever in the 2011 fiscal year with over 61,000 loans backed totaling $30.5 billion. Many larger banks have looked to SBA lending due to the government guaranteeing up to 85 percent of the loan in the event of default.
Asset-Backed Loans
More small businesses are turning to asset-backed loans when they can't qualify for a traditional line of credit, despite being more expensive than lending from a regular bank. Based on the value of collateral, asset-based lending has been greatly utilized by businesses in 2011.
Speak to a VR office in your area today to find out how you can take advantage of the market trends as a business owner.
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Preparing Before Presenting
Following the Necessary Steps to a Successful Business Sale
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 Most business owners, who are looking to sell, make the mistake of not preparing early enough. This can result in not receiving the maximum dollar amount for your business in the transaction.
The selling process should start when you buy your business. You should know the return that you are receiving in your investment; so when the time comes to sell, you will not leave any money on the table. In order to consummate a successful sale with a qualified buyer, each VR business intermediary has been trained to help you take the necessary steps. Most business owners should be preparing to sell long before they make the decision move forward.
Click Here to Read Preparing Before Presenting
Learn more about how VR can help you complete a successful sale of your business by consulting your local VR office today.
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Performing Due Diligence before Making the Deal
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 Whether you're a buyer or a seller, you have to determine whether the business transaction being put together is as good as it looks on the surface. This is why performing due diligence is an important and integral part of the process.
Too often, inadequate information is submitted in a sale or less than honest representation is presented. Many buyers will handle the evaluation ineffectively and not obtain the right information to determine whether purchasing that business is the best decision. Due diligence may sound overwhelming, but is necessary when a large financial investment is involved.
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THE VR BLOGGER
Remembering Assets in a Business Valuation
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Did you know that a business' assets are an important piece to a business valuation? Most people involved in selling their business underestimate the importance of the fair market value of their assets. Relying solely on book value or your best estimate will cost you a lot of money left on the table. In order to perform an accurate valuation for your business, you have to examine the value of its assets.
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Highlighted Transactions
And Engagements
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NEW BUSINESS TRANSACTIONS!
VR Continues to Match Qualified Buyers with Businesses for Sale
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In today's business climate, our clients demand quality and professionalism. We applaud our VR network for the recent successful transactions:
Frozen Yogurt Restaurant, $500,000 - Artesia, CA
Established Coffee Shop, $120,000 - Austin, TX
Industrial Engineering Firm, $105,000 - Oak Brook, IL
Consignment Retailer, $55,000 - Hampstead, NC
ATM Vending Business, $20,000 - Naples, FL
To learn how you can become a successful owner of a business, contact a VR office today!
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SUCCESSFUL TRANSACTIONS
Established Tire Center
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VR Business Sales of Lakeland, Florida, a leader in the sale of privately-held companies, recently facilitated the strategic sale of an established tire center for $435,000.
The transaction, which closed last month, was handled by Chris Gutierrez, a business intermediary specialist.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries.
VR has sold more businesses in the world than anyone®.
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SUCCESSFUL TRANSACTIONS
Reputable Restaurant
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VR Mergers & Acquisitions, located in Greenville, South Carolina, the leading business intermediary firm in the area, has recently facilitated the strategic sale of a reputable restaurant for $145,000.
Michael Purcell, a VR business intermediary, represented the seller throughout the transaction that was completed this month.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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NEW ENGAGEMENTS
Sophisticated Child Care Center
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VR Mergers & Acquisitions, located in Dallas, Texas, announced it has been engaged by an owner of a child care center to assist in facilitating the sale of their businesses.
Located in a very affluent section of North Dallas, the business is clearly set apart from other child care opportunities due to its sophisticated technology and security measures and exceptional efficiencies. Go to their VR Web Site for further details. VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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NEW ENGAGEMENTS
Hot Shot Trucking and Courier Business
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VR Business Brokers, located in Edmonton, Canada, the leading business intermediary firm in the area, has recently been engaged to assist in facilitating the strategic sale of a hot shot trucking and courier business.
This is a well-established delivery business with a strong client base. They serve a wide range of major customers in the steel, oil and gas industries. Click here for more details.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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OTHER BUSINESS ENGAGEMENTS!
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Machine Shop in South Florida, FL: $900,000
Printing Business w/ Real Estate, WI: $694,000
Glazing Contractor with Glass Shop, CA: $350,000
Sign Shop - Manufacturing & Installation, KS: $151,000
Upscale Well-Established Salon, MO: $34,900
CLICK HERE TO VIEW ALL BUSINESSES FOR SALE!
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Now is a Great Time to Become Part of VR!
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 With baby boomers selling their businesses to retire, corporate executives frustrated with their jobs and managers looking to buy a business to replace their corporate position, NOW is a great time to become part of VR!
VR Office
Artesia, California
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VR Global Headquarters
One East Broward Boulevard, Suite 1500
Fort Lauderdale, FL 33301
Toll Free: (800) 377-8722
http://www.vrbb.com
Copyright © VR 2009-2012
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Ask a VR Intermediary?
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Eduardo Sosa, Owner
VR in Coral Springs, FL
Why Should I Have a Business Valuation?
Neal Hutton
Denver, CO
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Dear Neal,
A business valuation helps determine what the market price for your business should be, and shows a qualified buyer the value of owning it. At VR, we will assist you in determining the value of your business when you are considering selling.
Click Here to Read the Full Article.
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