Mortgage and Refinancing Information Channel:

We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics.
 Please check back frequently as new topics are added and current topics are updated daily.

Selling Your Business Note

Before I go further, let me ask a question- if you won the lottery tomorrow, would you take the payout in a lump sum or in monthly payments?

Most people would take a lump sum because even though it might be less than the total prize, they would have control over a large sum of money now and could let the time value of money go to work and increase their winnings. So why then would you opt to get paid on your business sale over several years rather than take a lump sum payout?

The answer is probably because you didn't know that you could get cash for your business note. Peacock Capital can help you to sell your business note at a discount and cash out now, rather than later.

Advantages to sell your business note include:

? Walk away from a business you didn't want without having a financial anchor still attached to you for the next several years

? Use the balance owed to you to fund a new business, pay off debts or finance education for yourself or your loved ones- now!

? Avoid the risk that the buyer will default on the loan

? Avoid the risk of the buyer going bankerupt

? No need to wait for monthly payments

If you are going to sell your business, the following criteria should be structured into your note so that it will be more attractive to investors for purchase:

? Down payment of 30% or more

? Personal guarantee from the buyer

? Short term financing - the shorter the term the better

? Minimal seasoning of the note is needed - usually two months at least, depending on the type of business.

A note for a business that has substantial tangible assets will be easier to sell compared to one that does not - example: machine shop versus a coffee stand.

***Afra AmirSanjari is the Principal for Peacock Capital. Peacock Capital specializes in solving the cash flow challenges of  Small/Medium Businesses, Government Vendors and Individuals with innovative financial solutions by providing a network for securing operating capital.
http://www.peacockcapital.com
[email protected]

MORE RESOURCES

used office furnishings-supplies-equipment-desks-cubicles-service-counters for sale in Akron Ohio   Die cast model cars for sale in Akron Ohio  
used cars for sale in Akron Ohio   unfurnished homes for rent in Akron Ohio

RELATED MORTGAGE AND REFINANCING ARTICLES: Remortgage Debt Consolidation - The New Recourse For Credit Crunch Shakespeare once said about human nature 'with nothing shall be pleased, till he be eased with being nothing'. It is human nature to not be satisfied with anything for long. Why Choose a Home Improvement Loan? Many people choose to take out home improvement loans so they can give their house a new look before selling. Home Improvement Loans can help you if you have been considering doing some home improvements to your home and have now decided to look for a loan to turn those home improvement ideas into reality. Home Mortgages: Should You Apply Now? If you're thinking about applying for a new mortgage or refinancing your current mortgage, you might want to take action now. In its survey this week (the week of Aug. Tips For First Home Buyers On Getting Home Loans Buying your first home will likely be the biggest and most important purchase you will ever make. It can be a very stressful and may even leave you sleepless for nights on end wondering whether you are making the right decision - especially where choosing the right home loan is concerned. How to Get a Cheap Homeowner Loan If you're looking for a cheap homeowner loan, you might be wondering what you can do to reduce the amount that you have to pay. The simplest answer lies in two things? shopping around to find the lender that offers the lowest interest rates on a cheap homeowner loan, and maximizing the value of your loan against the equity in your home that's being used as collateral. Bad Credit Home Financing - Get The Mortgage Loan You Want Even With Poor Credit Having poor credit alone cannot hold you back from getting the home loan you want. Buying a home that is everything you want in a home, is a very exciting experience. Bad Credit? Qualify Yourself For A Zero Down Mortgage Loan I decided to write this article today after closing a home purchase loan for a couple that had some major credit issues. They got into the house with ZERO down payment, and only had to bring $600 for the closing costs. Basic Tips for First Time Home Buyers The first time you purchase a home is an exciting experience. You are anxious to call the place yours and maybe a little worried about how the whole thing will play out. A Guide to Selecting a Mortgage Broker in Australia Once you have made the decision to buy a home you will need to obtain mortgage financing for your purchase. Until about fifteen years ago buyers had to go directly to banks to obtain loans and shopping around for the right fit was a long process. Know Your Mortgage Options While trying to find the lowest rates, many homeowners fail to examine the type of mortgage, and which type of mortgage is best suited to their needs. Whether you are buying a new home or refinancing, it is important to understand the different mortgage types, and evaluate which one best meets your needs. Why Refinance Back into a 30-Year Loan? One of the biggest reasons homeowners refinance their mortgage is to obtain a lower interest rate and lower monthly payments. By refinancing, the borrower pays off their existing mortgage and replaces it with a new one. What the Bank Won't Tell You About Mortgage Refinancing So you have a mortgage, and you need to refinance to get your interest rates low. Most people simply walk into their bank, ask to refinance, and then end up paying more money long term than they would have otherwise. Secured Loans For Home Improvement - When You Can't Buy A Luxury Home A house is just perfect with chipped walls and broken taps. Is it? If you don't think so, then home improvement loans is what you should be looking for. The Best Way To Get The Right Mortgage Are you thinking of buying a home? If so, then there are many things that you need to research first. For example, do you know what a mortgage is and do you know all the details of getting a mortgage? The more you know before you get into it, the easier the whole process will be for you. Mortgage Loans Explained In Plain English With the many different kinds of mortgage loans out there, choosing the right one for your needs can be a difficult task. The following points will help you understand the pros and cons of the different types of mortgage loans available to you. Refinance Your House If you have seen all the advertisements regarding refinancing your house you may be wondering if refinancing can actually save you money. The answer is yes! Interest rates are at the lowest levels in decades and there has never been a better time to refinance your home. High Risk Mortgage Lenders - Using a Sub Prime Lender Online Sub prime lenders handle high risk mortgage loans that traditional lenders refuse to touch. Through slightly higher interest rates, sub prime lenders protect themselves from the higher rates of foreclosures. Home Loans and Mortgages - Tips to Avoid Foreclosure Today's real estate market is a volatile one; prices are at record levels and Interest rates are favorable, but foreclosures are increasing. Wages haven't kept up with home prices and some buyers who had to stretch to find a way to obtain a mortgage in the first place are having trouble making their payments. A New Choice for Home Financing: Correspondent Lenders When you begin your search for a new home loan, one of the first things to consider is where you'll get the money. Your basic choices will be mortgage brokers and banks. Home Buyer Beware - Know the Signs of Real Estate Market Trouble Lots of articles have appeared recently about the booming real estate market in the United States. Home prices, especially on the East and West coasts, are not only at record levels, but are increasing at record rates.

HOME | SITE MAP © 2012 - 2023 All Rights Reserved Increase pagerank with HitsSurfer