Contractor News
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 MoreA decade of growth in only eight weeks!
This is the crazy stat of the year! A recent Bank of America, U.S. Department of Commerce and Shawspring research study shows the tremendous impacts that COVID-19 placed on E-commerce growth. From March 1 until April 2020 we experienced a decade’s worth of growth in just eight weeks! The numbers have been holding steady even…
Read MoreSix 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 MoreBuying 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…
Read MoreCOVID-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.…
Read MoreFedEx 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…
Read MoreHow 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 MoreChanges 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 MoreFedEx 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 MoreCyber Monday sales on pace to hit $7.8 billion.
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,…
Read More