Thanks in part to the recession, businesses especially in the "lower-middle market" are handling their own financing with buyers when it comes time to sell. When a buyer can't get the loans they once did to cover purchase of a company from a bank often the business being purchased is providing the additional needed financing usually with longer involvement in the company after closing.
Who Needs Banks?
Posted by ShawnHessinger under Raising CapitalFrom http://www.businessweek.com 5091 days ago
Made Hot by: BusinessBloggerPro on May 29, 2010 3:43 am
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