Buying boom!

There may be a big incentive for prospective business buyers to accelerate their plans to buy a business if they are planning to take advantage of the SBA’s flagship 7a loan program. As part of the $2.2 trillion CARES Act signed into law by President Trump on March 27th the SBA is paying six months…

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COVID-19 and how it’s impacting business

We hope everyone is staying safe out there and enjoying the extra time with their families.  Junior is getting a kick out of using the conference room while he learns online.  We can’t wait to add him to the staff in a few more years!  We continue to work normal hours to serve our customers.…

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FedEx Ground will start delivering FedEx Express packages in March!

“FedEx Express will funnel some packages to the company’s ground unit for residential delivery to improve efficiency as online shopping continues to grow. The company said Friday that the change will begin next month in Greensboro, North Carolina. FedEx Express currently uses its own vehicles for the so-called last-mile delivery of packages that come off…

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Changes to SBA Approval Process with ROBS Equity Injection

You may have heard that the Small Business Administration has made a few changes to the approval process for SBA loans that are combined with Rollovers for Business Start-ups (ROBS) as the equity injection. All newly originated SBA loans that use Rollovers for Business Start-ups as the equity injection must be sent through the general SBA…

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FedEx Ground is moving to operating 7 days per week!

Capital Route Sales, Inc. is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground. Capital Route Sales, Inc. is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or FedEx Ground.   MEMPHIS, Tenn., May 30, 2019 — FedEx Corp.…

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Cyber Monday sales on pace to hit $7.8 billion.

FedEx Routes For Sale

Cyber Monday sales are on pace to hit $7.8 billion by the end of the day, Adobe Insights revealed Monday morning, making it the largest online shopping day in U.S. history. That projection, made by the firm at 10:30 a.m. ET, would represent an increase of 18.3 percent compared with the same time last year,…

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When should I get pre-qualified to buy a business?

Fedex route Routes for Sale

Similar to buying a house, one of the first steps buyer candidates should take when buying a business is to get pre-qualified for financing. Fortunately, our SBA lenders can assist you with various financing options. Here are three reasons you should get pre-qualified early: Determine fundability. Using a pre-qual tool, candidates can find out not…

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Cyber Monday breaks records.

Cyber Monday sales were on pace to hit $6.59 billion by the end of the day, Adobe Insights revealed Monday evening. That projection, made by the firm at 10 p.m. ET, would represent an increase of 16.8 percent when compared with the same time last year, Adobe found. The firm measures 80 percent of online…

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