Business Escrow
Business Asset & M&A Escrow Services
Securing transitions of ownership with absolute neutral protection.
When a business changes hands, the transition period between the signed Letter of Intent (LOI) and the final closing date is packed with financial moving parts. Buyers do have to prove their financial strength to close, while sellers require all funds to be fully secured before handing over operations and assets of their business to the Buyer.
We act as your neutral third party. Longhorn Escrow ensures that earnest money deposits, closing funds, and any escrow holdbacks are secured in dedicated fiduciary accounts and distributed in accordance with a contract between the parties.
Why Longhorn?
Choosing an escrow company for your transaction should not entail dealing with a firm that has a complicated banking system or inaccurate interpretations of your agreement.
Strict Milestones & Accurate Compliance: We treat every transaction layout uniquely and with utmost care. We ensure that every condition and requirement of your agreement is fully satisfied prior to the movement of any funds involving your transaction.
Security & Fraud Protection: Funds concerning your transaction are fully protected by high level multi-factor authentications and strict dual-authorization wire workflows. By combining internal account auditing with strict identity verification protocols, we ensure your funds are protected from wire fraud and costly errors.
Customized Holdback & Disbursement Compliance: Not all transactions are the same. Whether your deal requires rolling post-closing indemnity holdbacks or post closing work that requires sales proceeds to be subject to an escrow holdback, we ensure everyone is aligned and protected at all times.
What we Protect ?
Business asset sales are not always that simple. They require an escrow partner who understands how to interpret a buyer and sell agreement between the parties and follow strict disbursement directions contained in the said agreement. We provide secure fund management for:
1) Earnest Money Deposits (EMD): Securing initial deposits while buyers perform their in inspection during the inspection/feasibility period.
2) Post-Closing Indemnity Holdbacks: Safely holding a portion of the sales proceeds in escrow for a certain amount of time (typically 6 to 24 months) to protect the buyer against undisclosed liabilities or secure post closing obligations between the parties.
