With regard to the purchase and sale of a small, “main street” business valued under ,000,000…most of these deals only get done because of the seller’s willingness to offer financing.
It’s called a seller’s holdback note, where the seller acts as the bank or acts like your rich uncle and lends you the money with the business as the security of the loan 99.9% of the time.
For more information on how to buy a business with seller financing call Vested Business Brokers at (877) 735-5224.
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