What Are Business Notes?

A business note is a promissory note secured by a business and its assets.

How Are Business Notes Created?

Business notes are created when a business owner sells a business and uses seller-financing, by carrying back a note to facilitate the sale. The note is secured by the business and its assets in the event the buyer defaults.

Who Can Benefit from the Sale of Business Notes?

Depending on the industry, upwards of 80 percent of all business sales involve seller-financing. The seller will accept a cash down payment for part of the sale and a promissory note for the rest. Often the seller of the business involved wishes to move on to another venture or industry or may need money for expansion.  The seller has the option of liquidating all of the remaining payments or just part of the payments. 

If you have recently sold a business that you are still holding a note and would like to sell it for a lump sum of cash, contact us for further information. 

For a no-charge, no-obligation market valuation of your business note, click here to go to our simple on-line application questionnaire.  Once completed and submitted with the required information, you can expect a response within 24 hours.