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Business Notes
Business notes are created when a business owner sells
abusiness using owner financing. A business note is similar
to a private mortgage note. The difference is that a
business note is secured by a business rather than by real
estate.
It is much more difficult to get a bank loan for the
purchase of a small business than it is to get a loan for a
home. Businesses have a historically high failure rate, and
many businesses do not own enough collateral to secure a
bank loan. Business sellers, then, usually have no choice
but to offer financing. They accept a cash down payment for
part of the sale and a promissory note for the rest.
The business itself -- it's property, inventory, equipment,
name, and reputation -- serves as collateral for the note. |
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Our
Services
Murcor funding represents several national funding sources
that buy business notes as an investment. Our funding
sources can purchase all or any portion of the payments you
are receiving as a result of the sale of a business. You can
even sell future payments for cash today while still
receiving current payments.
Economic factors like inflation and the rising cost of
living make money received in the future worth less than
money received today. Murcor Funding can help you sell your
business note and get immediate access to cash. The value of
your business note will depend on several factors,
including:
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The collateral securing the note (if any).
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The number of remaining payments.
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Interest rate (if any).
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The credit worthiness of the party making payments to you.
See what your business note is worth.
Contact Murcor funding today to
obtain a free quote. It will only take about 15 minutes of
your time and there is no obligation. |
