Closing Checklist

searcher profile

January 02, 2025

by a searcher from University of California, Berkeley in Sausalito, CA 94965, USA

I'm working on a self funded deal that does not have any broker involved. As the seller is also inexperienced on this front and we're cobbling together individual providers, we don't have anyone helping to coordinate all of the moving pieces. I'd love to get some insights on all of the things I need to take care when finally taking over and when they should approximately be completed relative to close. e.g. Insurance, Payroll, Lease, Purchase Agreement, Escrow, etc.

0
12
239
Replies
12
commentor profile
Reply by a lender
from University of Southern California in Los Angeles, CA, USA
Sba loan? Most experienced SBA lenders can take you through a structured process that covers most of these items. Would love to help you with your SBA loan. We work with all the major SBA lenders and for the right deal can offer excellent rates. You can reach me here or directly at redacted You can also click here to schedule a meeting with me: https://cal.com/ishan-jetley-3d73m8/30min. Look forward to chatting!
commentor profile
Reply by a professional
in San Francisco, CA, USA
^redacted‌For a smooth transition, focus on key items like finalizing the Purchase Agreement, setting up Escrow, securing Insurance, transferring Payroll and licenses, and aligning on the Lease. Post-closing, ensure clear communication with employees, reconcile accounts, and integrate systems. If you'd like help coordinating some of these tasks like books, accounts, recon and post transition setup, feel free to reach out, I’d be happy to assist!
commentor profile
+10 more replies.
Join the discussion