Press

<< back to press centre

PRESS RELEASE

8 February 2006

---BEGINS---

BusinessesForSale.com has launched a finance seeker service to help 1000s of business buyers find a finance provider.

Launched in mid-January, the Finance Wanted notice board has already generated over 500 requests for finance and funding support from registered business buyers.

"We expected this service to be popular," says Tony De Vizio, BusinessesForSale.com Director. "We’re also delighted at the quality of requests – especially from the corporate sector."

Over 30 of these requests are for funds in excess of £1m. The requests for funding range from management buy outs in the technology and construction sectors to conventional purchases of business property – such as pubs, hotels or care homes.

Business buyers need to register with BusinessesForSale.com before they can post a Finance Wanted message. Finance providers are then invited to search the database of finance requests which detail the funding required, deposit provided, sector of interest and more.

If a finance provider wishes to make contact he or she pays a quarterly subscription of £500 per geographical region, to contact suitable candidates.

"It’s a frightening simple idea," says De Vizio. "As a result, it’s attracting great attention," he adds.

So far, eight finance providers have signed up for the service.

"BusinessesForSale.com provides a valuable service that offers real value for finance providers prepared to seek and work with motivated individuals looking to buy a business,” says Adrian Alves, Director at Verizon Capital, one of finance providers who now use the service.

View the database of finance seekers here

For more information please email Jo at Dynamis.

<< back to press centre