How To Raise Money Podcast

In this episode, Ray McLennan discusses reasons why deals fail to close. He brings this topic up because according to him, there seems to be a proliferation of deals that should have closed over the last few months but they were left on the table. Learn why some deals close while others don’t and hear the techniques you can use to get your deal over the line. Ray discusses experiences with several people/investors and angels from different walks of life and comes up with the 7 reasons why deals fail to close and today he shares them with you. KEY TAKEAWAYS   Not a big enough deposit. Deals fail to close because the angel investors want to do a loan and then the lenders at the commercial rates don't want you to have too many loans because they think it's overexposed, they want to see you with more skin in the game. And the more skin you can put into the game, the happier they are and the more comfortable they are. You may not have enough money for you to close the deal.   Planning. Planning has not been gra