Press Releases from Business Team (1 total)
Business Team Reveals Findings of Sub-Prime Affects on Selling Businesses
Has the Sub-Prime crisis affected the ability to sell businesses?
The short answer is no or at least not yet. Certainly buyers and lenders tend to exhibit more caution during uncertain economic times and one common source of a buyer’s down payment, the home equity line, has been considerably affected both by reduction in available equity (loan- to- values have shrunk) and the reduced value of the home itself. This has…
