Business Notes the creation and selling of business notes to facilitate the sale of a business

  

What are Business Notes?

Notes created from the sale of small businesses and carried back by the seller, are known as business notes.

It is estimated that somewhere around 300,000 businesses are sold annually and that over 200,000 of these have some form of financing attached to them.

Working through banks as a financing source to facilitate a sale of a business is often very time consuming and difficult to achieve, if not just plain impossible. This is why  the creation of a business note from a seller to a buyer is often the most rapid and surefire way for both parties to accomplish their respective goals. In fact, it is estimated that over 75% of all business sales utilize some form of seller carry-back financing.

What can we do for you?

At Great North American Capital we can help you create a business note which can later be sold in the secondary markets for cash or we can get you the cash you need, for the business note you already hold.

So what's the secret?

The secret to structuring a business note so that it will have the greatest appeal and value to an investor, is to follow these simple rules:

• Take no less than a 30% Down Payment

• Make certain that it is in first position

• It must be guaranteed personally by the purchaser

• The more seasoning the better before it is sold

• The lease where the business is located should be longer then the term of the note

Please call us with any questions at 

 

"Funding Your Future Today!"
Great North American Capital
319 Old Stratfield Road
Fairfield, CT 06825
203-520-4561
203-345-3943 Fax

Website © 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005 Great North American Capital,  all rights reserved