Steering Clear of Financing-Pitfalls
Completing financing deals is a delicate balancing act. The reasons for failure come down to one of three factors
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Why do financing deals fall through? In the 200-plus deals with which I've been involved, there were only three real reasons for failure, which I describe below. Each of these situations can be avoided if you simply pay attention and keep a clear head throughout the process.
No. 1: The Happy Ears Scenario