Selling Business Notes

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Advantages of Generating and Selling Private Finance

1. By offering Private Financing, a seller of a business can greatly increase the number of potential buyers for the business.

2. People expect to pay less for a high-priced product, or a business, when they pay cash. When the transaction needs to be financed by the seller, a higher price is usually obtained.

3. The process of selling a business to an individual can be easier, and less time consuming than selling to a major chain.

4. Costly appraisals are not required when generating and selling Private Financing.

5. There are not any front end fees, or closing costs.

6. Due to the flexibility available, when Private Financing is sold, the note seller can usually receive near the same amount of cash as an "all cash" sell would provide.

7. When Private Financing is generated, there are the options of keeping it for monthly income, selling the entire note for a large sum, or selling part of the note to meet current financial desires and retain the balance for future income.

8. Selling either a portion, or all of the note frees up capital that can be used for new ventures, or paying off old debt.

9. Private Financing is a viable option when a business owner wishes to cut back on the hours worked and share responsibilities with a new partner. An owner has the option of selling a part of the business and using the advantages Private Financing offers.

10. When selling the Private Financing to an investor, neither the terms, nor the conditions of the Purchase Agreement are affected. The only changes are where the payor will send the payment.

11. When Private Financing is created and sold, a transaction can be structured that allows the business seller the biggest advantage in achieving the business seller's goals.

Conclusion

Many business owners have worked their whole life to get to a point where they can "cash out" and retire. Business sellers need to be aware that Private Financing can be a solution the seller can use to their benefit in attracting more buyers, asking higher prices, and closing faster transactions.

For those already holding a business note, options are still available. A note holder does not have to be locked into only receiving monthly payments.

The Project Corporation can assist the business seller in generating and selling Private Financing. Expert advice is available to ensure that the pharmacy seller receives top dollar for the business, and receives the cash in a manner that is most beneficial in meeting the seller's financial desires.

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