Sell your business note for cash and relieve yourself from the hassles of
collecting payments!
Unlike a real estate mortgage note, a Business Note is usually secured by the
business itself (rather than real estate), and all the inventory, equipment
and assets owned by the business. Typically, we work with clients who have sold
a business and received a substantial down payment. They have carried back a
loan in the form of a Business Note, secured by the business and usually, personally
guaranteed by the payor (or Business Buyer), and who are receiving regular monthly
payments on the loan.
There are only three major investors nationwide that buy Business Notes to
keep for their own portfolios, and they consistently pay the highest prices
for the notes they purchase. We work directly with all three - our job is to
negotiate with these sources to get the best deal possible for your note!
We can review any business note for a possible purchase. However, the ideal
note from an investor's point of view - a note that will bring the highest purchase
price - will be structured as follows:
20% - 30%+ Down Payment
10% - 14% Interest Rate
Maximum of 60 Month Term
Minimum of 3 Months Seasoning (i.e. at
least 3 payments received)