Assuming that the business has a positive trend regarding profits, we will reach out to potential lenders to determine what levels of financing are available. We keep very close contact with lenders and often are able to prequalify the business for financing. This allows:
- A Significant Increase in the Buyer Pool
- Qualified Buyers to put down as little as 10%
- Certain Buyers to put down no personal down payment if they are bringing in qualified investors
- The Seller to often receive All Cash at Closing vs having to structure a transaction with any level of Seller Financing
- The Buyer Pool with Financing is often 100% higher than a situation where we are looking for an all cash buyer assuming significant seller financing is not offered