News and takeaways from FedEx investor day.
FedEx held its annual investor day in Memphis, TN, on June 29, 2022. During the broadcast, several themes emerged from the presentations: asset utilization, collaborative initiatives, and optimization of line haul networks. The last several years have seen intensive capital investments in buildings. The problem is no company can keep up with the demand, as…Read More
Second round of COVID-19 relief.
The second round of COVID-19 relief has been passed and we have been reading what’s available for our buyers. If you are a buyer in the market looking to take out an SBA 7a loan the first 6 months of payments and interest will be picked up by Uncle Sam. This begins in February 2021…Read More
Six tips to help you become an efficient Contractor!
We hope all of you are doing well and staying healthy. It’s been very busy the last few months as Buyers are swarming to take advantage of the Cares Act. What is so special about the Cares Act? The SBA will pick up the tab for your first 6 months of payments and interest on…Read More
How to protect yourself in a listing agreement.
I recently received an email from a would-be seller asking about how to get out of a listing agreement with another broker who they’ve been stuck with for nearly a year and have had zero potential buyers come to them. I recommended that they talk with an attorney to figure that out. This was one…Read More
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…Read More
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.…Read More
When should I get pre-qualified to buy a business?
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…Read More
Christmas and Holiday gift returns are great for the shipping giants.
Don’t like your holiday present? That’s a gift for FedEx and UPS. The companies stand to gain as fickle shoppers — and hard-to-please loved ones — send items back to retailers and other vendors in droves. Consumers will return about $90 billion worth of goods this holiday season, estimates Optoro, a firm that specializes in…Read More
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…Read More
Online spending up 18% from last year.
Even as some shoppers kept to tradition and headed off to the malls in person this Black Friday, spending remained brisk online. Shoppers have spent $640 million online Friday as of 10 a.m. ET, up 18.4 percent from last year, according to Adobe Analytics. Adobe tracks 80 percent of online transactions at the top 100…Read More