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Multiple parties other than the seller and buyer usually are involved in business sales.  They include the buyers’ and sellers’ accountants and attorneys, loan officers and underwriting departments, SBA officers, business brokers, building and environmental inspectors, and appraisers, etc. 

The roles of all the involved parties are important—but the mix complicates and slows down the loan process.  One uncooperative or slow player can bog down the whole project, since their actions often must occur in sequence.

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