Lending restrictions, scarce 3rd party financing, and the uncertainty of government support led our broker audience to share their doubtful outlook on financing availability for business transactions in 2012.
BizBuySell’s Broker survey, which asks our members to enlighten us on industry trends each quarter, resulted in a resounding vote that financing options aren’t helping business buyers pursue entrepreneurship this year. Over 70% of brokers surveyed did not predict improvement in the lending structure, while the remainder suggested even tighter regulations were to come.
With slowly improving economic factors compounding the lending approval process, 90% of brokers reported that seller financing was “essential” or “important” if the seller was to attract qualified buyers. Read here for insightful feedback and expectations in the business-for-sale marketplace through the balance of the year.