The Premise
Small business entrepreneurs in the U.S. deserve to exit with confidence and absolute financial stability
Entrepreneurs are the unsung heroes behind small businesses, the lifeblood of the American economy.
33.2M
small businesses in the U.S.
61.6M
Americans
employed
44%
of U.S. GDP contributed
62.7%
of new job creation between 1995 to 2021
THE UNSUNG HEROES OF AMERICA :
Small businesses create two out of every three new jobs in our country and provide the goods and services our communities need to survive. We’ve found the men and women who create these businesses to be some of the most interesting and admirable people we know—smart, hard-working, honest, and practical.
The problem :
As owners exit, there is a dearth of viable succession solutions — an outcome that provides an economic reward and a go-forward management solution. Consequently, owners are forced to sacrifice their own, or their enterprise’s, best interests (and sometimes both) as they search for the right balance upon retirement. Some will be forced to close permanently, reflecting the lack of succession options rather than the viability of the business itself.
SPRING STREET CAPITAL : Business closures are a significant loss for all: employees, customers, suppliers, and the wider community. At Spring Street, we believe there is a better way. Our privilege is to provide a sound financial outcome for the owner, take over day-to-day operations, and dedicate ourselves to protecting the business's legacy, reputation, and ecosystem.