How to Create Business Notes for Resale

When selling a business many sellers will consider owner financing a portion of the purchase price for the buyer.  Unfortunately, collecting monthly payments on a business note can be it’s own risky business. Here are three truths that both business owners and brokers should know before creating a seller financed business note for resale. … [Read more...]

Selling a Business with Owner Financing

Hoping to buy or sell a business during the credit crunch? Finding financing for a business sale can be a serious deal killer. Fortunately seller financing offers a solution to meet the challenge.  While some business buyers successfully obtain loans from banks and Small Business Administration (SBA) programs, many more are declined due to restrictive requirements. To facilitate a purchase, the seller of the business may elect to “be the bank” by accepting payments over time from the … [Read more...]