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The second is our anticipated merger with Cambridge Trust, which demonstrates how we are capitalizing on opportunities. The company's capital position post-merger will be very strong, and we look forward to revisiting our capital management strategies, including share repurchases following the approval of the merger.
Unlike starting a business from scratch, buying an existing business requires careful duediligence to ensure that the company you’re purchasing is a good investment. However, these loans typically require a strong credit history and collateral to secure the loan.
Business capital brokers can help secure funding for various business needs, such as working capital, equipment financing, real estate financing, and business acquisition financing. We offer training, support, guidance, and the opportunity to join a successful team that has facilitated over $4 billion in business mergers and acquisitions.
We closed a retail lending add-on in conjunction with the merger of equals between two community banks. Integrating credit cultures and portfolio management are key to the success of a bank merger, and we're proud to see another growth-minded bank leveraging nCino to help with these mission-critical merger activities.
And so I joined Goldman in there, it was a 12-person merger department. So I joined Goldman and their merger department, but said, I’d like to be your LBO guy. The head of mergers and everyone watched over me there. I started at Goldman at ’81 doing, you know, mostly raid work and more traditional merger and seller work.
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