Success Stories

Buying a business with no prior ownership experience is a different kind of risk. I knew tires and the work. I did not know how to prove the deal.

Lantern Financial sat down and built the business model with me — a three-year pro forma, the margin I needed on every tire, and the billable hourly rate the shop actually had to hit. They walked me through how to run the place so the numbers were not just a spreadsheet, including the practical pieces first-time buyers skip, like sales tax filings.

Then they took that file and placed the financing with the right lender instead of throwing applications at everyone. I closed on the purchase as a first-time buyer with a package I understood.

If you are buying a business and you need someone who will build the model and the financing, that is Lantern.

— Miles McCormick