Performance Small Engine Sales and Service is an outdoor power equipment company located in Rocky Mount, North Carolina. Their inventory includes zero-turn lawn mowers, riding lawn mowers, handheld equipment, and generators, in addition to providing spare parts and servicing. With certified technicians, you can expect quality workmanship and quick turnaround times.
Bobbie Briggs has worked at Performance Small Engine Sales and Service for over 10 years as a bookkeeper. A few years ago, the previous owner, Kevin, reached out about her buying the company. Fast forward to 2021, Bobbie and her fiancé, Donnie, decided it would be a good opportunity for them. They knew that Kevin wanted to leave the company to someone that truly cared about it and its employees, and would continue the legacy. Everything came together and they started to research financing options.
Bobbie and Donnie were referred to Mark Moreno, one of our experienced Business Development Officers and he was able to structure an SBA 7(a) deal that worked for their business needs. Through the SBA program, they were able to get a lower down payment and longer terms, which really benefitted them as first-time business owners.
Bobbie had this to say about her experience working with Mark Moreno and the team at FNB Small Business Finance:
Mark took what could have been a very difficult process and made it as smooth as it could be. He was there to walk us through each step and made sure our questions were always answered. We worked really well together! He took the time to make sure we felt comfortable – he was both professional and personable. We would 100% recommend Mark to other business owners.
It was our pleasure to partner with Bobbie and Donnie on this business acquisition! We wish them all the success and growth in the future.