HOLD BACK ESCROW COMPANIES FOR SMALL TRANSACTIONS
I am working on a deal where the sellers and I have agreed to a small holdback amount ($200k). I am looking for an reputable escrow company to hold it for a period of one year. Google suggests some small small business escrow services that I am wary about using. Also, I see that JP Morgan Chase and other banks advertise M&A escrow services, but I am not sure they service small deals like the one I am working on.
Any recommendations would be much appreciated! Thank you.