Business Acquisition Loan Tip: Seller Carry Back Notes

Today's Business Acquisition Loan Tip: Standbys on Seller Carry Notes Suprise A Lot Of Sellers In SBA Financed Deals - Taking back a note by the seller on a deal can sometimes mean the difference between a deal getting financed or not. Many SBA lenders handle this situation very differently. Many lenders on the larger SBA loans will make the seller take a "standby" on their note - meaning they may only get paid interest for duration of time, or no payments for a period.  Borrowers, and owners need to get these details upfront since many lenders will "purpose" this structure late in the loan process - upsetting all privey to the deal.

Today's Featured SBA Pre-Qualified Business Opportunities For Sale:

1.  Ben, Deschutes County, Oregon based painting service oppotunity for sale - This business is an excellent, well branded painting business that has well over a decade of goodwill in the local market. Seller has established lucrative relationships with local residential home builders that provide a steady flow of work. Business is well staffed with experienced painters and has the potential for growth. Deal Structure: Price: $239,000, Adjusted Net: $167,154. For details go to: http://www.usabizmart.com/businesses/116655.php

2.  Chino, San Bernardino County, California based computer accessories wholesale distributor business for sale - Developer and wholesale distributor of computer peripheral equipment including, modems (external and internal), networking and multimedia equipment, hdd enclosures, various input/output devices and other computer and communication accessories. The company's products are sold under its private label (trademark) through an established distribution channel which is capable of handling large volumes of goods. Deal Structure: Price: $350,000, Adjusted Net: $153,952. For details go to: http://www.bizben.com/listings/87397.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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