Business Notes

HAVE YOU SOLD YOUR BUSINESS AND CARRIED
BACK THE FINANCING?

ARE YOU RECEIVING PAYMENTS ON
A BUSINESS NOTE?

ARE YOU TIRED OF COLLECTING PAYMENTS?

DO YOU NEED SOME QUICK CASH?

Our Business Note Purchase Program offers business sellers an opportunity to convert their business notes into CASH by selling all or a portion of the future scheduled payments.

WHAT ARE BUSINESS NOTES?

A business note is a promissory note secured by a business and its assets. It is created when a business owner sells a business using seller financing.

BENEFITS OF SELLING YOUR BUSINESS NOTE

Peace of Mind

Usually a note is accepted in lieu of the cash desired for the sale. If held long enough, many contracts will eventually pay off. However, by selling all or a portion of the note, you will never again have to worry about:

• Collecting payments
• Default and Foreclosure
• Destruction/devaluation of the business
• Federal Income Tax reporting requirements
• Bankruptcy of the payor
• Abandonment of the business
• Deficiency judgments
• IRS tax liens/other liens against the payor
• Assumption of your note by another payor

WHAT WE CAN DO

Our company represents funding sources that buy business notes as an investment. Our funding sources can purchase all or any portion of the payments you are receiving. Investing in business notes is riskier than investing in other cash flows. Because of the added risk, funding sources usually expect a higher yield when they buy business notes.

Business Notes - FAQ

Click on FAQ for Business Notes for more information.

HOW DO I GET STARTED?

If you have sold a business and are holding a note contact us for further information or click on the Business Notes worksheet. We also request copies of the documents that were originated at the time of your sale:

Attachments to the note

Closing statement (if any)

Pay history and current balance

We will then give you a firm offer, subject to verification and the buyer's credit review. Once under contract, you will receive your cash as soon as all of the documentation can be obtained. This typically takes as little as 10-15 business days.

Get started today by clicking on the Business Notes worksheet link.

Once this form has been downloaded please fill in all requested information and fax to: 866.863.6298

One of our consultants will contact you within 48 hours.