How to buy an existing business in 8 steps

Want to buy an existing business? Here’s what you need to know. Buying an existing business has many advantages over starting an entirely new one. Existing businesses typically already have employees, clients, inventory, processes, cash flow, and historical financial performance. While operations can begin right away, buying an existing business presents several challenges that should

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EE Financing: Energy Services Agreement

Energy Services Agreement financing

How to use an Energy Services Agreement to finance energy efficiency projects Looking for ways your business or nonprofit can afford your energy efficiency upgrades or retrofits? You’ve come to the right place! Here at Pathway Lending we’re able to offer 2% rates on our energy efficiency loans, but you and your clients should be

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Success Story: Kiefer Manufacturing

Client Success Story: Kiefer Manufacturing

Local family keeps doors open for largest private employer in Hancock County When the Mayor of Hancock County, Tennessee learned the largest private employer – Kiefer Manufacturing – was planning on shuttering their local factory, he turned to David Greene Jr. and his family to see if they could keep the business up and running.

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Success Story: River City Railroad in Memphis

Clarence Howard, owner of River City Railroad and Pathway Lending success story

Memphis small business helps put trolleys back on track downtown “My daddy started this company while he was working for the Tennessee Department Correctional work release program,” says River City Railroad owner Clarence Howard. “My father met an inmate who was making a lot of money as a railroad foreman. The two partnered to start

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2017 Small Business Credit Survey

Make your voice heard by taking the 2017 Small Business Credit Survey Pathway Lending is partnering with the Federal Reserve on a Small Business Credit Survey for both pre-start and existing businesses, and we’d like you to participate.The survey is a go-to source for information about small business conditions and financing experiences. Policymakers, service providers, and

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EE Financing: Energy Savings Performance Contracts

ESPC financing

How Energy Savings Performance Contracts can pay for your client’s energy efficiency upgrades As part of our Energy Efficiency Loan Program, we’re exploring 8 ways businesses, nonprofits, and local governments can pay for energy efficiency improvement projects. In this article, we’re discussing how to use Energy Savings Performance Contracts to pay for energy upgrades. Energy

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Success Story: 3102 West End Circle Condominium Owners’ Association

Energy success story: 3102 West End Condominium Owners Association (Johnny Epstein, president)

HOA sees big ROI from energy upgrades After more than a million dollars of flood damage from frozen pipes in the winters of 2014 and 2016, the homeowners’ association at Nashville’s Artie Lee + Ruby May Condos faced soaring insurance premiums and growing repair bills. After hearing about the temperature control issues in the two

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EE Financing: Municipal Leasing

Municipal Leasing: EE Project Financing

How governmental entities can lease energy efficient equipment to make upgrades In our energy project financing series, we last covered Commercial Leasing as a way for private companies and nonprofits to fund energy efficiency projects. This article will cover Municipal Leasing, or energy efficient equipment leasing for local governments. Municipal leasing is a common mechanism used

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In the News: On a Mission with ESSTAR and “Krista’s Healthy On The Go”

In the news: on a mission with ESSTAR and Kristas Healthy On The Go

Williamson Herald profiles Krista Anderson and her mission to change lives with convenient, healthy food options In their October 12 issue, the Williamson Herald ran an article titled Changing Lives: After life-threatening experiences with cancer, Krista Anderson dedicates her life to bringing healthy food to the masses” on Franklin entrepreneur Krista Anderson. A cancer diagnosis gave Krista

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BBVA Compass Invests in Alabama Small Businesses

BBVA Compass invests $5MM in Pathway Lending

With $5 million equity investment, BBVA Compass becomes largest investor in loan fund for small businesses in Appalachian Alabama • The investment: BBVA Compass closed investment in Pathway Lending, becoming the lead contributor to state’s new loan fund for entrepreneurs in Appalachian Alabama • The goals: Pathway Lending plans to support 50 businesses and create 105 jobs in

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