Tuesday, July 20, 2010

Finding a Top Business Note Buyer

With the advent of the Internet a top business note buyer is literally just a click away. If you know where to look you can find a leading industry professional that will give you a competitive quote for your note usually withing 24-48 hours. If you're looking for an immediate source of cash, there's really no easier way to get it either.

Seller financing has become quite popular these days, at it opens up the door to endless possibilities when it comes to selling your business, your house or other property. Yet often sellers, called the payees, find themselves in a position where they want or need a lump sum of cash. This could be for a new investment, a large purchase or even retirement. The small monthly payments just don't cut it anymore.



For those people, finding a top business note buyer is a must, because these seasoned professionals can offer them top dollar for their notes. Within a week or so, you can sell your business notes and have the money in hand. It certainly beats applying for a loan at the bank.

The best part is there are several options when it comes to selling your cash flow paper. Contrary to popular belief you don't have to let the entire thing go. Rather you can sell just a portion of it, called a partial sale, and retain the rest for yourself. So you get a lump sum of money for "x" number of payments, and once those are paid you resume receiving your monthly income. There are other ways to structure the transaction as well, and a top business note buyer can explain all of your available options.

How much can you get for your business notes?

That will depend on the note itself. Business note buyers take into account various factors such as what the outstanding balance is, how much time is left, what the interest rate is and how financially stable the payor is. There are other criteria that come into play as well. Keep in mind that it has to make sense for the buyer as well, since they are assuming a risk by buying your note from you.

A top business note buyer will be able to give you a fair, competitive quote for your paper, so make sure you find someone who is experienced and reputable. Don't be afraid to ask them how long they have been in the industry as well as any other questions you may have about the process. One thing to remember: money today is always worth more than money tomorrow, so you really can't go wrong!

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