Frequently Asked Questions
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  Frequently Asked Questions

 

Business notes Q&A

DO YOU HAVE ANY MINIMUM OR MAXIMUM AMOUNTS?

Minimum - $25,000  
Maximum - $10 Million  (and possibly higher)

I JUST SOLD THE BUSINESS LAST WEEK. CAN I GET CASH NOW.

Typically, we would like to see a "seasoned" note with a minimum of three months payment history. If you need cash quicker, then contact us.

 

I PLAN TO SELL MY BUSINESS IN A FEW MONTHS. SHOULD I WAIT UNTIL IT IS SOLD, BEFORE I CONTACT YOU?

No. We can advise you prior to the sale. Then once you are ready, we can quickly process it.

 

HOW MUCH CASH CAN I GET FROM MY NOTE?

The discount on the note varies according to amount of note, down payment, interest rate and term. Best thing is to submit the information to us so we can give you a specific quote.

 

I AM SELLING THE BUSINESS ALONG WITH THE EQUIPMENT AND REAL ESTATE. CAN THIS BE ALL ON ONE NOTE?

Actually, we suggest you make them separate transactions... business note and real estate sale. In that way, a default on one will not jeopardize the other. Equipment and other assets can be included in the business note, unless either party wants it as a separate transaction.

I WANT TO BUY A BUSINESS, BUT THE OWNER WANTS CASH. CAN YOU HELP?

Yes. We can consult with both the buyer and seller to show how a business note will benefit both sides.

CAN YOU BUY NOTES OUTSIDE THE U. S.?

We work with these on an individual basis. Give us the details.

DO YOU WORK WITH BUSINESS BROKERS?

Yes! We work with brokers and help them with tough sales. If you are a broker, contact us for more information!

OTHER Q&A

CAN I JUST EMAIL THE INFORMATION SHEET TO YOU?

No. We prefer that you FAX it, along with any supporting documents.

HOW LONG DOES IT TAKE TO RECEIVE A QUOTATION?

We will respond within three business days.

 

HOW QUICK CAN WE GET THE DEAL DONE?

If you have all your documents in order, we can close in about three weeks. If documents are missing, then expect to close about two weeks after we receive the final document.

 

If you have any other questions or concerns, please contact us...

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