Apply to Exit Your Business to Freeborn Capital and align your business legacy to help advance our mission of service to humanity...
The purpose of Due Diligence is to allow us to confirm that our risk is mitigated, a key advantage to Freeborn Capital's process is that Due Diligence can be sped up by mitigating risk through terms that only we can offer, which balance the risk of the purchase. This allows us to speed up Due Diligence, whereas many business buyers will take as long as possible in this stage.
You may have had experience with this type of business buyer, whose strategy is to demoralize the seller (aka you) into accepting a smaller price, only after spending what could add up to years in Due Diligence. Freeborn Capital offers a new opportunity to the market: In most cases we are able to offer terms for an expedited exit in order to make it as simple and fast as possible for you to move toward what you want for your future. Our philosophy is: the faster we can all move forward, the better for you, for the customers and for the employees means better for us.
As we near the end of the Due Diligence phase, our team will draft up the final closing documents based on everything we've mutually agreed. We'll send every document to you for review and reach mutual agreement on any adjustments that need to be made to Price or Terms based on any potential discrepancy we might have discovered in the actual business results as we reviewed it in Due Diligence.
When everything looks perfect for both sides, we'll arrange plans for how we'll transfer ownership of all business assets. Then we'll set a date for the final closing meeting with the sellers team (you) and Freeborn Capital. This meeting might take several hours since there will be lots of paperwork to sign. At this meeting we'll do final review together before we sign all the closing documents.
From there ownership will transfer through contract and initial payment will transfer through escrow, and you'll be paid based on the arrangements we agreed on and the deal is done.
Congratulations on a successful exit!