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Business Note Buyer, We Buy Business Notes, Business Note Buyers, Business Note Buyer Paying Top Dollar for Business Notes Nationwide. Selling Your Business Note, Sell Your Business Note Today!

Are You Receiving Payments?

 Want Your Cash Now?

Have you sold a business and are holding all or a part of the financing in the form of a Business Note?  Would you like to convert all or part of the Business Note to Cash?  Maybe you need to cash to make another investment, pay off debt, pay taxes, purchase a vacation home, or take care of a family member.  Whatever the reason - PremierNoteBuyers.com can help! We buy Business Notes.

Often Business Owners need to sell and there is no bank financing available to the Buyer.  Over 80% of all businesses are sold without the participation of a bank.  In many cases, the Seller holds a Business Note requiring the Buyer to make payment over time.  Many Sellers later decide to get cash for their Business Note for personal, investment or business reasons.  PremierNoteBuyers.com works with Business Note Buyers who make whole or partial purchases for top dollar and give fast quotes.

We Pay Top Dollar for Business Notes Nationwide!

Get Immediate Cash for Your Commercial Note if You

  • Need Cash Now         
  • Have A Business Note to Sell              
  • Are Tired of Collecting Payments/Paperwork           
  • Are Thinking of Selling All or a Portion of Your Business Note

Benefits to You

  • Quick, Free, No-obligation Quote Over The Phone           
  • Top Dollar for Your Businessl Note
  • Complete or Partial Sale of Your Business Note
  • No Closing Costs & We Handle the Paperwork

We Offer Flexible Cash Options to Meet Your Needs

  • Only need a certain amount of immediate cash right now?         
  • You don't have to sell your whole Business Note!

Types of CASH Solutions We Can Offer You

Full Purchase - You can sell all of your remaining payments for CASH now.

Partial Purchase - You can sell any number of your scheduled payments; and receive the remaining payments in the future.

Balloon Purchase - If your Business Note has a final balloon payment, you can sell some or all of the payments; and either sell or retain all or part of the balloon payment. 

Multi-Stage Payout - You receive a lump sum at closing plus a guaranteed payment at a set future date. 

Reverse Partial Purchase - You receive cash at closing for the sale of future payments, plus you receive the next up front (number) of payments when due.

Split Partial Purchase - You receive cash at the closing for the sale of just a part of each of the future payments, plus you receive the remaining part of each payment when due over the term of the Business Note.

Selling Your Business Note Is Easy with PremierNoteBuyers.com

  1. Fill out the online form, email, or call us to receive a free no-obligation assessment of your Business Note.
  2. We gather important information on the Business Note and then package  it to present to our various investors.
  3. We present you with our best quote on several payout options so you can determine which one meets your financial goals.
  4. If we come to a mutually agreeable price we can proceed to closing. Closing consists of a due diligence period where we determine if the information received about the Business Note matches public records and that there are no liens  or other encumbrances against the asset securing the Business Note.  We also verify pertinent information on the Seller, Buyer and Business as part of the underwriting process.
  5. On the day of closing, your Business Note will transfer to the investor through a Title Company and you will receive your money through a wire transfer or a certified bank check. You receive a lump sum of cash and the investor receives the Business Note with the specified number of payments going to the investor.

Eligible Types of Businesses

Notes on many types of businesses can be sold. These are only a few of the examples. Note that a business sale usually does not include the sale of the building in which it is housed.

  • Printers
  • Medical Practices
  • Liquor stores
  • Convenience Stores
  • Gas Stations
  • Florists
  • Restaurants and bars
  • Medical/Professional Practices
  • Drycleaners/Laundromats
  • Manufacturers
  • Auto Repair Shops
  • Restaurants/Bars
  • Hair, Nail and Day Salons
  • Various Service Industries

What Determines if My Business Note is Eligible for Purchase?

  • A minimum of 4 months seasoning
  • First position lien
  • There must be at least 30% cash down payment
  • Satisfactory review of Seller's bank statements showing deposits of Buyer's loan payments.
  • Size of Buyer bank accounts (business and personal)
  • Personal guarantee of Buyer
  • Buyer credit history (before and after the purchase)
  • Buyer business experience
  • Rental payment history and status of business.
  • Interviews and written documentation from Buyer providing:  1) Terms of sale and promissory note. 2) Any pending or threatened litigation.  3) Condition of business  4) Grievances against Seller
  • Credit check on Seller for government or private liens
  • County and State Research to uncover unpaid liens or other encumbrances

Is There a Minimum or Maximum Size Requirement?

  • $10,000 to $400,000 range
  • Notes over $400,000 will be considered on a case-by-case basis
  • We will consider any business note and try to get you an estimate-usually within 24 - 48 hours of submission

Underwriting Factors For Business Note Purchases

  • Type of business
  • Experience of the buyer
  • "First" position as lien holder 
  • Location
  • Buyer credit ( FICO score of 625+ preferred) 
  • Down payment/buyer equity  
  • Seasoning of the note - months the buyer has been paying on it
  • Lien position
  • Length of term of the note - amortization period  
  • Sales price  
  • Interest rate  
  • Special terms of the note
  • Buyer payment history  

Required Information for Business Note Evaluation

All of the information listed below should be submitted to obtain a solid note evaluation. It will all be required for underwriting and supplying it upfront prevents surprises later on.

  • Copy of security instrument
  • Copy of the promissory note
  • Copy of bill of sale
  • Copy of sales contract
  • Copy of title
  • Copy of closing statement when business was sold
  • Copy of lease agreement, if applicable
  • Copy of UCC-1 (Uniform Commercial Code Financing Statement)
  • Payment record
  • Social Security numbers of the Buyers

How Long Does It Take Sell My Business Note?

Once the required information is received by the Business Note Buyer, it usually takes about 2-4 weeks before the closing is completed and cash is disbursed.

Simultaneous or Semi-Simultaneous Closings  -- An Alternative Way to Sell Your Business

In some cases, the sale of a business note can be set up even before the Business Note is sold as means of financing that benefits the Seller and Buyer in the following ways:

Advantages for Business Seller

  • Business can be sold for full retail value with small, if any, price concessions
  • Owner-financing increases the  number of potential buyers
  • Business Note can be immediately converted into cash at the business sale closing, usually at the closing table or within 30 days of closing.
  • The "discount" of the Business Note can be minimized through proper structuring of the note
  • Walk away from the business without having to continue to worry about the health of the business
  • Use Cash from the Business Note Sell to fund a new business, pay off debts, finance education, or handle other financial needs
  • No more waiting on monthly payments
  • Avoid the risk that the Buyer will default on the loan
  • Avoid the risk of the Buyer going bankrupt

Advantages for Business Buyer

  • Long term financing without the increased pressure of a short term balloon payment coming due
  • No loan points or origination fees
  • Easier to qualify
  • Business Note terms can be designed to match Buyer's monthly income while business stabilizes and cash flow improves

Some guidelines that can be used in structuring your business note from the beginning to make it more sellable:

  • First position lien
  • 30% cash, out of pocket down payment
  • Buyer should have a minimum 625 FICA credit score
  • Fully amortized 5-7 year note (payment should not exceed 30% of the gross monthly income of the business)
  • No balloon
  • Interest should be at 2-3 points over the current typical business lending rate
  • Business at same location and proof of business profitability for three years
  • Buyer should have previous experience in business in question
  • Separate real estate and business notes - do not combine into one note
  • Seller should (at time of the sale of the business) obtain two years of individual/corporate tax returns and profit and loss statements on business and Buyer
  • 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 magazine stand

Let Us Work With You to Put Cash in Your Hands Today!


Find Out What Your Cash Flow is Worth Today! 

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