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David S 2023 Live Christmas Eve Special!

David C Barnett Small Business and Deal Making M&A SMB

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Reflections on Banking in 2023 and Predictions for 2024

In this chapter, the host and Lisa Forrest from Live Oak Bank discuss the impact of banking news headlines, the SBA world, and predictions for the upcoming year. They explore the challenge of sellers accepting lower prices for their businesses, the anticipation of interest rate drops in 2024, and share insights into the process of buying a business with an SBA loan. They also reflect on the importance of deal closing strategies, the significance of December 31st as a closing date, and the improvement in deal flow after a decline earlier in the year.

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