Anchors Away

REVIEW SUMMARY
Business. Freedom Boat Club, Venice
Industry. Boating, recreation
Key. Company has new owners, who come with ambitious growth plans.

Entrepreneurs John Giglio and Bob Daley met a tidal wave of resistance when they tried to buy a boat business last year.

The duo specifically struggled to find a bank that would help finance the deal. Even though they had heard horror stories of small business owners frozen out of lending, the experience nonetheless surprised Giglio and Daley.