Financing

Ragan & Associates has long-term relationships with the leading banks in the country that specialize in financing CPA and accounting firm sales. Many times we are able to secure 100% financing for the Buyer with terms as long to 7 to 10 years. Our experience with these specialized transactions results in high quality loan packages that generate easy and timely approvals. Upon approval, Ragan & Associates is the catalyst that coordinates the closing with all of the parties involved by procuring all of the legal, financial and administration information and documentation required. The following lists some of the services we perform in the loan packaging process.

•  Combining the financial statements of the two accounting practices deducting the cost savings from realizing the economies of scale.
•   Based on the combined financial statements at the time of the acquisition, preparing monthly cash flow projections for the following twelve months.
• Preparing a Schedule of Assets and Liabilities itemizing the collateral available for use in obtaining financing.
• Preparing combined cash flow projections to determine the viability of covering the debt service

Call us directly or use our Live Chat (link) resource to find out which banks are the most active in the CPA market at this time.