Hetal Engineer is the director of small business lending sales at The Bancorp, with 27 years of business development experience in the small business lending space. For the past seven years, Engineer has led the bank’s small business lending teams, which help businesses secure Small Business Administration (SBA) loans to fund startups, franchise lending, business acquisitions, real estate purchases, and more.
While many HVAC companies are prepared for booming growth and expansion these days, others within the industry may be in a better position to consider market consolidation instead.
While growth may be the case for a number of HVAC businesses, it’s not necessarily the future of every one. In fact, some of them are best positioned for market consolidation.