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 lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
A lot of brokers will take a pre-approval letter instead. If you want assistance in exploring that options, we do pre-approval letters all of the time. You can reach me here or directly at redacted
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