Broker pushback

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April 07, 2026

by a searcher in Francis, UT 84036, USA

Has anyone had a Broker require proof of funds before sending the CIM? This is a first for me. thanks!
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Reply by a professional
in New York, NY, USA
Yes, they want to make sure you can buy the business before wasting their time. Normal. If you can't fund it with your cash and bank they can't sell it.
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Reply by a searcher
from University of Pennsylvania in Greenwich, CT, USA
Surprisingly frequently. They're just trying to avoid spending time on buyers who are kicking tires but it does feel like a lot of personal info to have to repeatedly share.
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