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Katrin Steinke 2025-03-10 15:09:20 -04:00
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It really common for the seller in the business try back a note (or "carry the loan") to help out with the sale of enterprise enterprise. Business sellers usually have no choice but to offer seller-financing. They often accept a payment in advance for the principle sale, or a promissory business note for the balance. Concerns down payment is 33-1/3%, and the owner receives a monthly payment from the purchaser for five to seven years. May possibly or may not be a balloon, interest rate is negotiated.
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