Terry Kelm
speaker
321 appearances
1 recordings
1 series
first heard May 2019
last heard May 2019
Terry Kelm’s voice in public audio — every appearance, attributed to the second.
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Appearances
You know, w what fuels a buyer's deb uh ability or or motivation to buy a business?
Well, number one is they do look at the general economy.
We all know where that's been, you know, the last three or four years.
It's been you know on an on an unbelievable track.
We've seen all time highs in the in the Dow.
Um so there's a lot of confidence.
Number two is
their ability to lend.
Well, you look at, you know, twenty seventeen was the was the single biggest SBA lending year ever.
Twenty eighteen fell just short of it, but it was still you know, was the second biggest re year uh uh record year.
Um, so uh you know, buyers have their their you know, their portfolios, their four oh one Ks, they're at very high levels right now.
Their house values have all come back from the recession, so they're at very high levels.
So their ability to get a loan
Uh is uh is and and money is still relatively cheap.
I mean all the interest rates have ratcheted up, uh, you know, the last couple of years, but it's still relatively cheap.
So you got a lot of positive factors out there.
There's lots of good businesses on the market.
Banks are willing and l are and are and willing and able to lend.
Buyers have confidence.
It it still has led to a very, very good market and and and that's manifests itself in in record years in twenty sixteen, twenty seventeen and twenty eighteen in small business resales.
Showing 161–180 of 321 · page 9 of 17
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