Business Note

A promissory note secured by a business.  A service provided to individuals who have sold a business using owner financing and would like to now sell the note for access to immediate cash.

How it works:

• Full Purchase:  Business owner can sell the entire note.

• Partial Purchase:  Business owner can sell a specified number of future payments.

• Split Payment Purchase:  Business owner can sell a specific monthly amount. 

The purchase of a note by a funding source depends on the following factors:

1.       Type of business.

2.       History of payments by the payer.

3.       The remaining number of payments and amount due on the promissory note.

4.       Financial strength of payer

Why sell a business note:

• Seller has immediate access to cash rather than waiting to collect remaining payments.

• The seller no longer has to collect payments on the note.

• The seller eliminates the risk of non-payment from the payer. 

• Note sellers often allocate cash for other financial obligations such as bankruptcy, taxes, insurance, or the purchase of another business.

• It is difficult to receive a loan from a bank to purchase a business. This is due to the fact that many businesses do not have enough collateral to secure the loan.

• Banks generally require a cash down payment and a promissory note.

Our services are flexible and provide quick results. Call today for a free consultation or click here to fill out an evaluation form. No obligations!  

1-866-366-FUND
info@financebridge.com