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Purchases Priced Between $400,000 And $5,000,000


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11/16/06

Lenders Like Seller Carry Back Notes When They Make Sense



Today's SBA Loan Tip For Business Purchase Loans, SBA Financing:

Seller Carry Back Notes - Lenders Like Them When They Make Sense

Seller carry back notes in a business purchase loan - deal structure - 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 Small Business Listings For Sale:

1. Corona, Riverside County, California based hamburger franchise opportunity for sale - Well Established 15 Years Franchise Hamburger Restaurant Business.. Franchise Hamburger Restaurant. Well Established 15 Years Franchise Hamburger Restaurant Business. One Of The Busiest And Well Known Famous Restaurant. Store Size Approx. 3000 Sf& Drive Thru. Deal Structure: Price: 1,200,000, Adjusted Net: Call. For details go to:  http://www.bizben.com/listings/89348.php

2. Prescott, Yavapai County, Arizona based service contracting business for sale - Well Known Service Contractor, Leading Provider Commercial & Residential Clients . Well Known Service Contractor Is Leading Provider For Both Commercial And Residential Customers. Company Enjoys Excellent Margins As Well As An Established Core Of Repeat Clients. Strong Growth For Last Four Years With Excellent Prospects For Continuing Growth In One Of Nation’s Fastest Growing Areas. Deal Structure: Price: 750,000, Adjusted Net: 508,402. For details go to:  http://www.usabizmart.com/businesses/111772.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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Posted at 6:36 pm in SBA Loans

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