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e Secure Capital Funding provides a variety of funding strategies for the privately held business note. Unlike a real estate mortgage note, business notes are usually secured by the business itself (rather than real estate) and all the inventory/equipment/assets owned by the business.
Typically, we work with clients who have sold a business, received a substantial down payment, and carried back a loan in the form of business notes, secured by the business and usually, personally guaranteed by the payor, and who are receiving regular monthly payments on the loan.
Depending on a variety of factors (rate, term, note structure, pay history, number of payments made, current credit situation of business and payor) we have access to the business notes funding partners who will pay CASH for the FULL or PARTIAL purchase of your business notes.
There are only three major investors / business notes buyers, nationwide, that buy business notes to keep for their own portfolios, and they consistently pay the highest prices for the business notes they purchase. We work directly with all three and our job is to negotiate with these sources to get the best deal possible for your business notes!
While we can review all business notes for possible purchase, the ideal business notes from an investor's point of view -- business notes that will bring the highest purchase price -- will be structured as follows:
- 20% - 30%+ down payment
- 11% - 14% interest rate
- Maximum of 60 month term
- Minimum of 3 months seasoning (i.e. at least 3 payments received)
- Well secured . . . personally guaranteed
- Larger down payments can compensate for less seasoning and more seasoning can compensate for smaller down payments.
Do not hesitate to let us review your business notes, regardless of the structure.
If you are a business notes holder or a business broker, our unique services and funding partners can help you cash out of an old deal and get you to the closing table faster with new deals! In some cases, with a substantial down payment, we can even do a semi-simultaneous close and buy the business notes 30 days after closing.
Other than gathering and sending the required paperwork, the business notes seller usually has no up-front fees or closing costs of any kind. The business notes buyer will normally pay all fees and costs associated with the deal.
To get started, there are only a few things we need to know, and most of the details and information should be readily available to you. Simply FAX us a copy of the Business Notes, copy of the Bills of Sale and the Closing Statements and we will go to work. If you let us know exactly how much capital you need to raise, we can structure the purchase so you only have to sell as few of the monthly payments as possible in order to get you the money you need. We always advise our clients to never sell more payments than they have to. No need to leave money on the table . . . you can always sell more later.
Any and all information you submit will be held in strict confidence and, of course, you are under no obligation to accept any offer we make. With the requested information, we should be able to get you a firm quote, subject to document review and due diligence, within 24-48 hours. To receive your FREE No Obligation Quick CASH Quote for your business note, Click Here or Call Us at 561.735.0885.
We look forward to working with you!
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