Your shortcut to a squeaky-clean business future! In today’s world of busy schedules, convenience cravings, and heightened hygiene awareness, cleaning […]
What is Seller Financing?
Seller financing is similar, in many regards, to bank financing. The potential buyer might not qualify for the entire financing through a normal bank loan or even for a portion of it. In those cases, if the seller believes that the buyer is still creditworthy, he or she may allow the buyer to make payments, rather than requiring the buyer to pay the price up front.
The disadvantage to the seller is a higher than normal chance of default on the loan. On the other hand, seller financing usually allows for a faster transfer. It also allows the seller, now financier, to require monthly reports of inventory levels, revenues, and profit/loss statements to evaluate the performance of the buyer.
Finally, the buyer has the chance to become profitable without a large initial expenditure and the seller can commonly defer some of the tax burden of the transaction, otherwise incurred in a traditional resale.
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Featured Franchisors
Featured Resales
Spice & Tea Merchants - Ann Arbor, MI
Great opportunity to buy corporate profitable Spice Merchants
Work-from-Home Franchise – Fee Paid
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CertaPro Resale in Minnetonka MN
Own a painting business without ever picking up a paint brush!
Spice & Tea Merchants - Saugatuck , MI
Great opportunity to buy corporate profitable Spice Merchants
Sky Zone - Memphis, Tennessee
Great opportunity to buy a well established Sky Zone Franchise
Featured Resales
5 High-Volume Cold Stone Creamery!
Coconut Creek/Coral Springs/Miami Lakes/Plantation/Pompano Beach
Work-from-Home Franchise – Fee Paid
Work-From-Home Recruiting Franchise - Richmond, VA – Fee Paid
