Privately Held Business Notes
								In the US 70% of all businesses are sold with the seller financing some or all of the transaction. The buyer takes over the business and the seller receives payments over a period of time. The same thing happens much of the time when commercial real estate is sold. If the seller wants cash instead of the payments over time, we have funding sources that will bid on the purchase of the business note. A business note is a seller carry back note that is secured by assets other than real estate. We can offer several options to meet your needs. OPTIONS Full Purchase - The purchase of a Business Note in its entirety Partial Purchase - The purchase of a specified number of future payments Here is a sample of the kinds of businesses we buy notes on: Dry Cleaners Laundromats Medical Practices Restaurant and Bars Liquor Stores Convenience Stores Auto Repair Manufacturers Printers Gas Stations Many More For example, Joe Jones sells his business to Steve Smith for $250,000. Steve pays a deposit of $50,000 to Joe and signs a note agreeing to pay Joe $200,000 over the next 5 years at 8% interest. Joe accepts the payments for a year but now needs cash for personal reasons. Our funding source(s) may buy the note from Joe and pay him cash now for the right to collect the payments over time (the next four years). To find out how much cash you can receive, simply print the “Business Note Worksheet”, fill out the form and fax it to us and one of our professionals will contact you to arrange a purchase plan that best suits your needs.