Located in Newtown Square, Pennsylvania, Garage Door Service Company provides services for residential and commercial garage doors. From installation to repairs and servicing, they have over 40 years of experience and knowledge to help support their clients.
Mike Sage, the owner of Garage Door Service Company, has experience in a number of industries including food services, real estate, and the military. With an eagerness to achieve his lifelong goal of owning his own business, Mike and his wife decided that they were ready to start the process in 2021. In his research, Mike came across Garage Door Service Company and decided to set up a time to meet with the then-current owner to learn more. After the initial discussions, Mike and his wife decided this would be a great business for their family and in September 2021 they started the acquisition process.
Through a recommendation, they reached out to Brendan McMoran, one of our experienced Business Development Officers. After meeting with Brendan, Mike decided to pursue an SBA loan due to the benefits the program can provide for small business owners. Brendan was able to structure an SBA 7(a) loan that financed the business acquisition, in addition to a line of credit to support the additional needs of the business.
Mike had this to say about his experience working with Brendan McMoran and FNB Small Business Finance:
Brendan was very helpful! Throughout the entire process, he checked in on us and made sure we had everything we needed and all of our questions answered. I would absolutely recommend Brendan and the entire FNB Small Business Finance team. Now when people ask about financing their business needs my automatic answer is “Call my guy – Brendan McMoran.” He made sure we had a positive experience and was an integral part of getting this deal done!
We wish Mike all the success in the world as he continues growing the Garage Door Service Company!