Since economy downturn of 2008 it became increasingly hard to get bank financing for buying a business. Bank's direction on minimizing investment risk was taken into extreme - they simply don't want to take any risk any more. We always thought that banks make money by loaning money, however they survive pretty well without it. At least, without offering business acquisition loans.
How does it affect business buying process? - It forced our clients to avoid going to the bank as much as possible. Some flavor of seller's financing became a norm. However, sometimes ends simply can't meet. Getting third party financing would be really helpful to close the deal.



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