Why a Buyer Needs to Submit a Personal Financial Statement - VR Business Sales Blog

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Tuesday, June 23, 2009

Why a Buyer Needs to Submit a Personal Financial Statement

Peter King
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First, a VR business intermediary has many listings that are available in all sizes and price ranges. He/she is often able to use his/her experience to assist a buyer in finding additional sources of money that can be used for a sale. 
 
Additionally our contractual agreements with business sellers require that no buyer will be introduced to their business until he/she has demonstrated the ability to make that sale. A personal financial statement is the tool used to make that determination.

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