SBA Funding Tip: Seller Carry Back Notes

Today's SBA Funding Tip: Seller Carry Back Notes - Lenders Like Them When They Make Sense - Seller carry back notes can sometimes make the difference between getting a loan when buying a small to mid-size business. If the buyer doesn't have a lot of experience in the industry they are buying into it shows the lender that the seller believes in the sale of their business enough to "take on some risk". The only time it doesn't make sense is when the debt service from the seller note is too high and the owner can't make his payment obligations to the SBA lender.

Today's Featured SBA Pre-Qualified For SBA Funding

1.  Orange County, California based wholesale flooring & carpet stores for sale - A two great locations in Orange County for wholesale floorings, one of them for 40 years with a great reputation for service & price for customers far & wide. The locations are in the Anaheim and Garden Grove areas. They provide carpeting, laminates, wooden flooring and vinyls, catering to installers, builders, contractors, apartment complex, office complex, real estate companies for repos and other retailers. Combo priced biz 2 stores together at a great price. Priced to sell. Deal Structure: Price: $510,000, Adjusted Net: $180,000. For details go to: http://www.bizben.com/listings/69560.php

2.  Clatstop County, Oregon based bead shop business for sale - Hugely popular bead shop in a lovely beach community. Enjoy the coast lifestyle! Beautiful location on popular Oregon Coast. Real estate available too! This bead & crafts shop in a popular coastal community is open 7 days per week during high season (summer) but only 5 days per week the rest of the year. Store has a capable long-term employee who can run it during off-season. Owners will sell the building for $275K.  Deal Structure: Price: $209,000, Adjusted Net: $64,000. For details go to: http://www.usabizmart.com/businesses/115368.php

* Note: These businesses have been business pre-qualified only - buyers of these businesses will also have to be pre-qualified - before SBA loan business purchase financing may be obtained. Approximately 32 different factors (buyer/seller info) are evaluated in the SBA loan process for business purchase loan financing.

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