Chicagoland Sunbelt Announces Partnership to Help Individuals Finance Business Purchases
Sunbelt Business Brokers has partnered with Pendarvis Capital Group to help its customers obtain business financing.
Chicago, IL, February 05, 2009 --(PR.com)-- Chicagoland Sunbelt Business Brokers, a leading business brokerage firm dedicated to helping individuals buy and sell businesses, announced that it can now assist business buyers with business acquisition financing through a new partnership with Pendarvis Capital Group.
Business owners who sell their businesses through Chicagoland Sunbelt can also rest a little easier, knowing that interested buyers will have access to a reliable buyer financing source.
“In the current market environment, many business buyers face challenges in obtaining financing for their business purchase through traditional lending institutions,” said Chicagoland Sunbelt Managing Partner Domenic Rinaldi, CBI. “This partnership allows business buyers who work with us to have a reliable source of funding capital. This is also a big advantage for selling business owners because they no longer have to worry that a buyer might not be able to finance the acquisition of the seller's business."
Buyers purchasing businesses that are listed by Chicagoland Sunbelt can receive expedited financing qualification from Pendarvis for deals under $1 million. As a result, buyers can spend less time searching for the right loan and more time making sure they find the right business that aligns with their personal and career goals.
Sellers are likewise able to pre-qualify their listing for financing opportunities, which often helps to facilitate the sale process.
Buyers and sellers are not obligated to use Pendarvis, but the dedicated capital pool from Pendarvis is available when other financing alternatives prove to be either too elusive or too costly.
The buyer and seller are in total required to contribute 50 percent of the down payment to qualify for the financing.
Chicagoland Sunbelt is unique in the business brokerage business in that they have brokers who work exclusively with buyers, and brokers who work exclusively with sellers. By helping aspiring business owners and strategic buyers find companies to buy, Chicagoland Sunbelt is able to simultaneously assist buyers and sellers. The addition of this new Pendarvis partnership further enhances Chicagoland Sunbelt's reputation as an innovative business brokerage and builds on its leadership position in the Chicago area as the go-to destination for Chicagoland business buyers and sellers.
About Pendarvis Capital Group:
Pendarvis Capital Group, Inc. is the brainchild of Ed Pendarvis, founder of Sunbelt Business Brokers Network, LLC, a national company named seven times as the nation’s No. 1 business brokerage firm by Entrepreneur magazine. Based in Hunt Valley, Maryland, Pendarvis is dedicated to funding acquisitions to support the American dream of business ownership. Additional information is available at www.pendarviscapital.com.
About Chicagoland Sunbelt:
Chicagoland Sunbelt is a business brokerage firm that focuses on helping people buy and sell businesses in Chicagoland and the surrounding Midwest. Having sold hundreds of businesses with its talented pool of brokers, Chicagoland Sunbelt specializes in a broad range of industries, including business services, distribution, food & beverage, franchises, personal services and retail. Its experienced team of M&A brokerage consultants also develop and execute comprehensive strategies designed to meet individual financial and non-financial goals. As a proud member of Sunbelt Midwest, which operates offices in Minnesota, Wisconsin & Illinois, Chicagoland Sunbelt is also part of Sunbelt’s worldwide network of 350 offices. For your next business purchase or sale, visit Chicagoland Sunbelt at www.chicagolandsunbelt.com.
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Business owners who sell their businesses through Chicagoland Sunbelt can also rest a little easier, knowing that interested buyers will have access to a reliable buyer financing source.
“In the current market environment, many business buyers face challenges in obtaining financing for their business purchase through traditional lending institutions,” said Chicagoland Sunbelt Managing Partner Domenic Rinaldi, CBI. “This partnership allows business buyers who work with us to have a reliable source of funding capital. This is also a big advantage for selling business owners because they no longer have to worry that a buyer might not be able to finance the acquisition of the seller's business."
Buyers purchasing businesses that are listed by Chicagoland Sunbelt can receive expedited financing qualification from Pendarvis for deals under $1 million. As a result, buyers can spend less time searching for the right loan and more time making sure they find the right business that aligns with their personal and career goals.
Sellers are likewise able to pre-qualify their listing for financing opportunities, which often helps to facilitate the sale process.
Buyers and sellers are not obligated to use Pendarvis, but the dedicated capital pool from Pendarvis is available when other financing alternatives prove to be either too elusive or too costly.
The buyer and seller are in total required to contribute 50 percent of the down payment to qualify for the financing.
Chicagoland Sunbelt is unique in the business brokerage business in that they have brokers who work exclusively with buyers, and brokers who work exclusively with sellers. By helping aspiring business owners and strategic buyers find companies to buy, Chicagoland Sunbelt is able to simultaneously assist buyers and sellers. The addition of this new Pendarvis partnership further enhances Chicagoland Sunbelt's reputation as an innovative business brokerage and builds on its leadership position in the Chicago area as the go-to destination for Chicagoland business buyers and sellers.
About Pendarvis Capital Group:
Pendarvis Capital Group, Inc. is the brainchild of Ed Pendarvis, founder of Sunbelt Business Brokers Network, LLC, a national company named seven times as the nation’s No. 1 business brokerage firm by Entrepreneur magazine. Based in Hunt Valley, Maryland, Pendarvis is dedicated to funding acquisitions to support the American dream of business ownership. Additional information is available at www.pendarviscapital.com.
About Chicagoland Sunbelt:
Chicagoland Sunbelt is a business brokerage firm that focuses on helping people buy and sell businesses in Chicagoland and the surrounding Midwest. Having sold hundreds of businesses with its talented pool of brokers, Chicagoland Sunbelt specializes in a broad range of industries, including business services, distribution, food & beverage, franchises, personal services and retail. Its experienced team of M&A brokerage consultants also develop and execute comprehensive strategies designed to meet individual financial and non-financial goals. As a proud member of Sunbelt Midwest, which operates offices in Minnesota, Wisconsin & Illinois, Chicagoland Sunbelt is also part of Sunbelt’s worldwide network of 350 offices. For your next business purchase or sale, visit Chicagoland Sunbelt at www.chicagolandsunbelt.com.
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Contact
Chicagoland Sunbelt Business Brokers
Lauren Eichmann
312.265.3089
www.chicagolandsunbelt.com
Lauren Eichmann
312.265.3089
www.chicagolandsunbelt.com
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