River's Edge Alliance Group

How About Seller Financing?

Posted on: 05/24/07 by: Scott Mashuda

While seller financing is a viable option for purchasing a business, it is important to understand that a seller is looking to assess the risk level of their investment (you) and their proposed rate of return (purchase price, amount financed and proposed interest rate) before extending an offer to finance the deal. 

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Being a qualified buyer

Posted on: 05/16/07 by: Scott Mashuda

Some business brokers require prospective purchasers to submit a financial statement in order to receive confidential information about a business for sale.  Others merely require a buyer to sign a confidentiality agreement. Whether or not the business broker requires a financial statement from the buyer, it is a good idea to submit one.  

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