SBA Prequalify Tip: Seller Carry Back Notes

SBA Prequalify 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 Prequalify Business Opportunities For Sale:

1.  Pomona, Los Angeles County, California based Mexican supermarket opportunity for sale - Well esctanlished market in a residential area. 18,000 sq. ft.  Rent 26,000 + Nnn (2,700) Deal structure: Price: $1,650,000, Adjusted Net: $840,000. For details go to: http://www.bizben.com/listings/91225.php

2.  Tennessee based florist shop business for sale - Very impressive & long established shop! Sale includes all equipment & inventory. Sale includes all equipment, inventory, Delivery vehicles, name, trained employees, substantial customer base, goodwill, etc. Seller earns an excellent income and benefits package from operating the buisness - which should qualify for sba financing. Seller will provide training and will transition with new ownership. This is an excellent opportunity for a motivated couple, or existing shop seeking an acquisition! Buyer prospects must demonstrate financial ability to be disclosed opportunity. Deal structure: Price: $425,000, Adjusted Net: $140,000. For details go to: http://www.usabizmart.com/businesses/112555.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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