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- Commercial Note Worksheet
- Non - Performing Note Worksheet
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Business
Brokers
Have
you ever lost a sale even when the seller would provide
owner financing for part of the sale, but the buyer couldn't
come up with a large enough down payment?
Have you ever lost a sale because
the buyer was turned down on a
bank loan for a high debt-to-income ratio, or was new to
town or
because of some other minor technicality? Have you ever had
listings sit and sit, and felt that they would never sell?
Well, those days are over! Now there is a
way to sell more businesses, sell them fast, and put
together deals you thought were not possible (even when financing was a
stumbling block).

The property is sold with an owner business
note. Then Intel Note Services, a prominent note buyer,
purchases the note after a few payments have been made by
the buyer. Your seller gets cash and you get paid a commission on a
deal you didn't think would go together!
For The Business Broker This Means:
- Greater number of sales and MORE COMMISSION DOLLARS
- More buyers
- Fast, upfront approval of financing
- Efficient, easy, rapid closings
- Optimal financing solutions for both the buyer and seller
- Continuous support from Intel Note Services
For The Seller
This Means:
- Larger number of qualified buyers
- Full price for the business
- Finding a buyer more quickly
- Faster closing
- Business note can be converted to cash
For The Buyer This
Means:
- No loan origination fee
- No points
- Much easier credit approval
- Faster closing
- Payment structures tailored to meet his/her personal financial situation
Business Broker FAQ's ... Click Here!
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Even if you are not looking to reinvest the money from the sale of your business wouldn't a lump sum of cash give you more freedom and peace of mind. Go on that vacation you have been putting off, finally buy that dream home, or secure your retirement with safer investments of your cash.
Sell your note here!...

TYPICAL BUSINESS NOTE BUYING CRITERIA
- No "Simultaneous Closings"
- Minimum 3 Timely Payments Required
-
Promissory Note personally guaranteed
-
Minimum 650 FICO credit score on Buyer(s)
-
"Typical" Minimum: $12,000
- 30% cash, "out of pocket" down payment (Versus borrowed or financed) …Will consider less down if well seasoned
- Same location and proof of business profitability for two years*
- Two years of corporate tax returns/year end profit & loss statements on business and Debtor
- Confirmation that buyer had previous experience in the business in question
- Yields "typically Start at 20%
All business note submissions are subject to underwriting approval, and are reviewed on a transaction by transaction basis
* Food service businesses (restaurants, bars, deli's, etc.) require at least four years minimum operation at same location, same format. Certain exceptions may apply (sizable cash down, longevity at existing location, etc.). Call to discuss.
- Get Access to
your Cash -
to invest in a new business, go on a vacation, or buy a new
home
- Earn an Even
Better Yield (ROI) -
investing large
amounts of cash today can bring you an even larger return
than your payments would
- Will not
Lose the Time Value of Your Money
- because of
inflation your dollars today will not be worth as much in
the future
- No Longer have to
Wait on Payments
-
you should not have to
wait on the money that is yours
- Eliminate Risks
-
running a business can
be a difficult task and you shouldn't have to worry about
whether your buyer will be successful in order to receive
your money
- Remove Hassles
-
no worries about any complications that may arrive should
the new business owner go into bankruptcy or default while
they are making payments
- Will not Affect the Payors of the Note - If you were worried about how the sale of your note would affect the current business owners, don't. The terms on the note can never and will never be changed, so the payor is unaffected.

