What lenders look for in a succession plan

By / News
04 Dec 2019

What lenders look for in a succession plan

Your lender may not be top of mind as you create a succession plan, but it’s a pertinent party. One key issue that lenders want a succession plan to address is, simply, who’s your successor? Follow a thoughtful process to choosing the right person then set a timeframe for the transfer of control and ownership, all while keeping your lender in the loop. To guard...

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