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Behind-the-Scenes of the First ECF Capital Deal
eCommerce Fuel
The Power of Trust in Business Deals
Trust plays a critical role in business deals from acquisition to management and eventual sale. Building trust among partners can make the entire process smoother and more successful. In a specific deal mentioned, trust between partners enabled the financing structure to come together seamlessly, with a purchase price of $3 million, $600k investment from partners, $600k raised from investors, and a $1.8 million SBA loan guaranteed by one of the partners.
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