Anecdote: plumbing contractor buying a Rooter company to diversify

SBA lender Alan Peterson describes a Texas plumbing client planning to buy a drain/Rooter company to get into more doors and diversify away from cash-flow-stressed large commercial projects. Anecdotal, no named companies.

“they identified they're going to buy a Rooter company because that gets them in more doors as they're looking to diversify away from the large commercial projects due to the the cash flow stress”

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