FINANCIAL

The majority of business purchases require some form of financing. This may involve Seller financing, Bank Loans, Venture Capital Financing, Private Investors and SBA Financing. In order to get SBA financing the business valuation must be very thorough. The Buyers deposit will be held by an independent escrow company. Generally 3 to 5 days after contingencies have resolved and been removed. The average escrow closes in one(1) to four (4) weeks if there are no recorded liens against the business.