Many businesses transactions require the buyer to put one-third and possibly up to one-half down. The remainder is financed by the seller, a bank or other financing sources. Sellers generally prefer to receive all cash at closing and some buyers are able and willing to accommodate them. Buyers are usually trying to put in as little cash as possible and want to leverage their down payment and acquire the largest business they can. Most lending institutions require that the buyer is properly vested in the business and puts down a sizeable cash down payment. A detailed analysis of the cash flow of the business will determine how much debt service the business can service while still funding the ongoing operations of the business.