CHICAGO, Oct. 25, 2026: Buying a business often means putting your savings, your credit and your next ten years on the line. The worst surprises, like an unpaid lien, an open lawsuit or a tax problem, usually show up after the money is already spent. Biz Checkout, the Chicago marketplace for buying and selling small businesses, today announced BizFacts, a business report built to surface those facts before a buyer commits.

Buyers of small businesses often learn about a lien, a lawsuit or a tax problem late in a deal, sometimes after they have already paid for lawyers and accountants. BizFacts is designed to bring those facts to the front. A buyer enters a business, and the report pulls registration, liens, litigation, bankruptcies, tax standing and watchlist hits into one place.

BizFacts comes in three tiers, and each one is the same report with more depth:

$49: a fast check for buyers who want the basics before a first call.
$249: a deeper verified report for buyers who are getting serious.
$499: the most complete version, built for buyers heading into a letter of intent or closing.

Sellers can use BizFacts too. An owner who runs a report before listing can find and fix issues early, and can share a clean report with buyers to build trust faster.

BizFacts works on its own or inside a deal on Biz Checkout. A buyer who finds a listing on the marketplace can pull a report, sign the NDA and keep the whole conversation in one Checkout. Brokers, attorneys and CPAs can also use the reports for clients on either side of a sale.

A BizFacts report is not a replacement for a full due diligence review by an attorney or accountant. It is a starting point that helps buyers ask better questions sooner and decide which deals are worth the cost of deeper review.

"People buy a business with their heart first. That's human. But a lien or a lawsuit doesn't care how much you love the place," said Desmond Murray Jr., founder and CEO of Biz Checkout. "I never want someone to find out at the closing table, or six months after, that they bought somebody else's problem. For the price of a nice dinner, BizFacts lets you walk in with clear eyes and protect what you've worked for."

BizFacts is available now at bizcheckout.com and through the Biz Checkout app on the App Store and Google Play.

What a BizFacts report covers:

Business registration and status
Liens, including UCC filings
Litigation and bankruptcies
Tax standing
Watchlist hits

About Biz Checkout
Biz Checkout is a marketplace for buying and selling small businesses, operated by 12 Million Ventures Inc. and based in Chicago. Sellers list free with no commission, buyers browse free, and deals close in one place, from NDA to escrow. Buyers can run BizFacts reports starting at $49 and use DealBrain to plan a purchase with little or $0 of their own money, with financing through capital partner Murr Capital. Biz Checkout was founded in 2025 by Desmond Murray Jr. Learn more at bizcheckout.com or download the app on the App Store and Google Play.

Media contact
Press Team, Biz Checkout
[email protected]