PORTLAND, Ore., April 4, 2019 /PRNewswire/ -- Succession Resource Group (SRG) is announcing a new alliance with Pinnacle Commercial Capital (Pinnacle) to provide advisors a lending solution unlike those of SRG's existing lending partners.
Pinnacle has announced the national launch of a Financial Advisor Program in conjunction with this alliance, following a four-year controlled development and rollout. With their non-SBA, fixed rate loan program, Pinnacle brings 30 years of cash-flow lending experience and $100 million of annual loan capacity for practice acquisitions, partner buyouts, or refinancing. SRG will provide valuations for Pinnacle deals, as well as deal support solutions working in tandem with Pinnacle to ensure smooth and seamless transactions.
"There is no better time to buy or sell practices than right now," David Grau Jr., President of SRG, said. "Advisor practices are underpriced and the availability of financing has been key to the explosion of deals we are seeing. Pinnacle's financing options are worth consideration – the rates and terms are compelling, and they understand the business. Our clients have enjoyed their current solutions, but we are excited about the new programs they are bringing to the market very soon!"
Jeffrey Conyer, SVP of Business Development at Pinnacle, added, "We have been studying and lending to advisory practices on a limited basis for three years, and believe this segment fits nicely with our current lines of business and supports the nationwide financial expansion. Being a conventional lender with deep understanding of cash-flow based businesses, we can structure loans to meet a variety of needs for advisors."
About Succession Resource Group
Succession Resource Group, Inc. is a succession consulting firm that helps advisors understand and value their business, develop strategies to improve that value, protect it with contingency and succession plans, and grow through acquisition. With decades of industry experience, SRG is able to provide turnkey solutions to advisor clients across the country.
For more information, visit https://www.successionresource.com
About Pinnacle Commercial Capital
Pinnacle Commercial Capital is a commercial finance company that focuses on operators in the professional practice industries. Pinnacle specializes in advisory services and debt capital placement for various initiatives including refinancing, mergers and acquisitions, shareholder buy-outs and dividend distribution.
For more information visit https://www.pincomcap.com
SOURCE Succession Resource Group, Inc.