You’ve decided you’re going to sell your business, or at least start exploring your options. Have you ever considered a seller note before? If you’re unfamiliar with the term, keep reading the guide with some more helpful information listed below.
What should business owners know about seller notes?
They’re an alternative lending option — This is a nontraditional, seller financing option that can be made directly between a buyer and a seller. Using a seller note allows for a buyer to promise payment to the seller for an amount that the buyer does not have in cash.
They’re mostly used for small businesses — Seller notes are most often used for transactions involving small businesses.
They’re flexible — Seller’s notes are more flexible than traditional lending. They allow for a buyer to negotiate higher prices, but they also can allow for a transaction to be completed quicker than a traditional purchase would.
They still involve certain risks — There are still risks for a buyer, to ensure that the buy fulfills their commitment to paying back the seller. For example, the seller would hold any associated deeds or legal documents until the buyer has paid in full. Another example is that the seller could increase the buyer’s interest rate in the event that the buyer were to stop making payments.
Lion Business Brokers can help you ask the right questions when selling your business
Our team here at Lion Business Brokers has extensive experience in assisting people who want to sell their business. Trust us to know the right questions to ask while keeping your best interest at the forefront of our minds. Interested in learning more about seller notes? We can handle any questions you may need to be answered.
We possess the capability to perform several types of services, including but not limited to business valuations, closing deals and qualifying buyers. Lion Business Brokers can guide you through every step of the way, including when you need assistance asking the right questions before selling your small business. We’re a team made up of trusted mergers and acquisitions specialists who value our clients’ needs over our own.
Our team is happy to help you through the selling process while ensuring that you make informed choices that best fit your needs. If you feel like a seller note would best fit your needs, we’re ready to help. We’re a trusted name in the industry. We work hard every day to make sure we can be a valuable resource and partner to our clients. Take a moment to set up a free business valuation consultation today. Let’s get the process started!
Seller notes: A guide for business sellers
You’ve decided you’re going to sell your business, or at least start exploring your options. Have you ever considered a seller note before? If you’re unfamiliar with the term, keep reading the guide with some more helpful information listed below.
What should business owners know about seller notes?
Lion Business Brokers can help you ask the right questions when selling your business
Our team here at Lion Business Brokers has extensive experience in assisting people who want to sell their business. Trust us to know the right questions to ask while keeping your best interest at the forefront of our minds. Interested in learning more about seller notes? We can handle any questions you may need to be answered.
We possess the capability to perform several types of services, including but not limited to business valuations, closing deals and qualifying buyers. Lion Business Brokers can guide you through every step of the way, including when you need assistance asking the right questions before selling your small business. We’re a team made up of trusted mergers and acquisitions specialists who value our clients’ needs over our own.
Our team is happy to help you through the selling process while ensuring that you make informed choices that best fit your needs. If you feel like a seller note would best fit your needs, we’re ready to help. We’re a trusted name in the industry. We work hard every day to make sure we can be a valuable resource and partner to our clients. Take a moment to set up a free business valuation consultation today. Let’s get the process started!
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