Good morning, friends! I am at the end process of selling my business. The new owners will be obtaining an SBA loan, which was supposed to be finalized next week. The loan officer told the buyers if the government shuts down funding will be delayed. If you've sold a business, you know it can be a lengthy process waiting on financing. Being so close to the end is making me a little antsy.
Annnyway, trying to mentally prepare for the future time frame.
All of this to say: What do you feel is the likelihood of a shutdown?
I’m trying to obtain an SBA loan to purchase a building and start a new business. Neither loan officer I’ve talked to mentioned a shutdown.
Why would they? They make money off of your dealings. They just want you to sign it.
That’s a very good point
They've been hanging the "Government Shutdown" bullsh!t over people's heads as long as I can remember, and I'm pretty long in the tooth.
I hope all goes well for your business/sale. I don't have much of a prediction on the likelihood of a shutdown, but what will happen IMO is whatever will keep the grift train rolling is what Congress will go for.
There is no likely hood of a government shutdown when the only bill that I know of so far being proposed is a clean C.R. bill. The government gangsters plan is to say one thing publicly but then present a bill that not only raises the debt ceiling it continues the spending levels, no budget cuts or spending level cuts. Kicking the can down the road till September and then Rinse & Repeat.
All I've heard of is grant issues at this point. So many " grants " were going to DEI.
since they wanted to use the shut down template to get rid of folks, seems like a great option, No?
I'd say low, simply because the D party has a history of being able to use the threat of shutdown to get spineless Rs to cave. Even when Rs have significant majorities
think the best thing, is to Not think, or talk about it too much. you want to leave options open, and not solidify it with your doubts. I used to jump in, and try to 'fix' such situations...and my fixes were subpar to God's✨ so stay out of his way as much as possible;) be positive & Know that whatever happens is for the best. I recently missed out on one property, but when I waited, a much better opportunity appeared. like out of Nowhere🐸