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Smooth Closing Process for a Flooring Company Acquisition

"James managed the entire process efficiently from the beginning. It went from a simple phone call a couple months ago pitching a possible idea/vision. To a completed purchase with ease. As you can imagine, in a multi-million-dollar business purchase you will have stress and anxiety throughout, but James kept a calm head and reassured us the whole time that they had everything under control. When we were feeling anxious, James reassured us by saying 'this isn't a time problem; it's a data problem' and guided us effectively. He helped us understand how to use our due-diligence time wisely. His team took care of just about everything and worked back and forth with our attorney to make sure everything was suited to our liking and structured to keep us protected. The moral of the story is if you are looking for a lender, I strongly recommend James and his team at 44 business capital. In the near future, we plan to acquire commercial real estate, and 44 Business Capital will be our preferred partner to achieve our next set of goals and turn them into reality."

Robert Simon and David Simon, Owners
Cobalt Flooring Company | West Chicago

CHALLENGE

The process of closing was critical, and the team faced several challenges in the final month. One of the borrowers was preparing for their wedding, while the other borrower, their father, was about to travel abroad. Additionally, during this same period, both the buyer's and seller's attorneys were on extended vacations. Despite these hurdles, the team at 44 Business Capital worked diligently to accommodate the tight timeline and managed remote coordination effectively, ensuring the closing proceeded in a timely fashion.
OUR BORROWERS SAY IT BEST
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