The Deal Almost Died at 4:47 PM — Here’s Why It Didn’t
At 4:47 PM on a Thursday, a client called me and said, “I think the deal’s dead.” He had a signed purchase agreement. Due diligence was clean. Numbers made sense. The only problem? His bank dragged underwriting for three weeks and then asked for more reserves, tighter covenants, and a personal guarantee that made the […]
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