Buyer Evaluation is Essential
Stop sending your personal information around and let brokers know that you are serious about buying a business with our Opinion Letter. After discussing options and determining the right business size for you, we will issue our Opinion Letter to confirm to sellers and brokers your ability to secure financing.
By spending a few minutes with one of our Relationship Managers, you will have a better understanding of what size business you should be exploring, down payment requirements, and potential personal assets that will be used for collateral. We will also teach you business and industry standards that you can use to properly evaluate a business you are considering. Let us screen your potential target and structure your deal, all at no cost or obligation!
We require the following forms to be completed for prequalification:
- SBA Personal Financial Statement
- DFS Personal Cash Flow Analysis
- Statements showing down payment money (IRA, bank, brokerage, HELOC)
- Recent credit report (or authorization to pull credit)