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Business Note Purchasing What is a Business Note? A business note is a seller carry back note that results from the sale of a business. The assets of the business normally secure a business note, however in some cases both the assets of the business and the real estate secures them. Businesses on Which We Buy Notes Include, But are not Limited to: Dry Cleaners Laundries Medical Practices Restaurants & Bars Liquor Stores Convenience Stores Auto Repair Shops Manufacturers Printers Gas Stations Florists Service Industries The business you are in! Qualifications Needed to Start Buyer should have very good credit Substantial down payment First position Seasoning preferred but possible without any Should be fully amortized What Information is Needed? Type of business Sale price Note payment terms Age of business What You'll Need to Close Note Security agreement Financing statement Payment record, if applicable Escrow instructions from the sale of business Settlement/Closing Statement from the business sale Business Insurance Policy Other miscellaneous information as required About Factoring | Affiliations | Mission Statement | Mortgage Purchasing | Biz Note Purchasing Annuities | Contact Us | Links | E-Mail | Home