Located in Hatfield, Pennsylvania, Established Traffic Control provides work zone safety and traffic control services as well as DOT-compliant traffic signs to road construction and utility contractors. With two branches in the area, the company ensures highway safety by establishing traffic patterns, setting up lane closures and detours, and manufacturing traffic signs. Established Traffic Control is known for its high-quality service, reliability, and welcoming atmosphere for employees.
Napoleon Dunn, the new owner of Established Traffic Control, started his career in the military followed by nearly a decade on Wall Street. He was looking for a new career opportunity and decided to acquire Established Traffic Control due to his strong interest in infrastructure and heavy highway construction. However, he needed to identify financing for the acquisition. Napoleon knew that SBA financing was the best route for him due to the size of the transaction and the 10-year loan term. He eventually met Dennis Wagner, one of our experienced Business Development Officers, through a loan broker. Dennis was able to structure an SBA 7(a) loan that enabled Napoleon to acquire Established Traffic Control while maintaining cash flow in the business.
Here's what Napoleon had to say about his experience with Dennis and the team at FNB Small Business Finance:
This was a very efficient loan process. Dennis was very helpful in letting me know what he needed from me to keep things moving. I would absolutely recommend Dennis and FNB to other small business owners.
Congratulations to Napoleon on his successful acquisition of Established Traffic Control! We can't wait to see how he takes this business to new heights.