How do you financially vet buyers?
Financial vetting is dependent on the type of business for sale and on the type of buyer. Depending on the type of buyer, we may ask PEG funds to provide us with proof of funds available. If a wealthy individual is interested, we may ask for proof of funds direct from the banking establishment. Financial statements are also important in helping us understand how much total money is available, from where, and how long it will take to gain access to those funds.