• Strengthening Your Succession Plan With Knowledge of Business Loan Options

  • Jul 1 2024
  • Length: 37 mins
  • Podcast

Strengthening Your Succession Plan With Knowledge of Business Loan Options

Listen for free

View show details

  • Summary

  • In this episode of the Prime Partners Podcast, Jordan Cordero of Live Oak Bank shares the importance of strategic succession planning for small business owners and how leveraging business loan options can facilitate the smooth transfer of business ownership.

    The conversation highlights key insights into how proper financial planning and understanding different loan structures can significantly broaden potential buyer pools, making the transition more manageable for sellers and buyers. Whether you’re currently contemplating the future sale of your business or just want to be prepared for when the day arrives, learn how staying on top of business loan options can position you to one day make a smooth exit from your business.

    Time Stamps
    • 00:00 - Introduction
    • 03:16 - The importance of succession planning
    • 09:00 - The economic impact on succession planning
    • 11:35 - Pain points in obtaining business loans
    • 25:05 - What sets Live Oak Bank apart?
    • 32:31 - The first step in proactive succession planning
    • 35:14 - Closing remarks
    Show More Show Less
Show More Show Less

What listeners say about Strengthening Your Succession Plan With Knowledge of Business Loan Options

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.