We Purchase Seller Financed Business Notes

At Cenric Group Inc, we purchase Seller Carry-Back Private Business Notes. Seller Carry-Back Business Notes are promissory notes held by the seller of a business and payable by a new owner. Often, such notes are the result of one business partner buying out another. Our expert contract buyers can provide holders of Carry-Back Business Notes secured by the assets of a business and the personal guarantee of the owner with Lump Sum Cash which can be used for…

Attn: Commercial Real Estate Professionals and Business Brokers

Because of the reluctance of commercial banks to finance sales of small businesses, Private Owner Financed Business Notes are widely used and commonplace in such transactions and can often provide the catalyst to get the deal done. Many sellers would prefer not to hold finance paper for lengthy periods of time, however. Before you structure your deal, think of your “exit strategy”. Contact us regarding how to make your seller carry-back business note attractive for resale at a later date if necessary.

 

Find out more by contacting us or simply complete our online form (See Below) for a confidential quote. or optionally:

COMPLETING OUR ONLINE FORM BELOW

PRINTING & FAXING OUR PDF FORM (Fax: 312-528-7070)

CONTACTING US

Business Note Worksheet
Your First Name (required)
Your Last Name (required)
Email Address (required)
Contact Telephone (required)
Contact Fax
Original Property Selling Price (required)
Property Down Payment (required)
Original Note Balance (required)
Current Note Balance (required)
Months Financed (Amortization) (required)
Amortization Interest Rate (required)
Fixed or Variable Rate (required)
Fixed MortgageVariable / Adjustable Mortgage
Number of Payments Made (required)
Payments Remaining (required)
Is there a Balloon with this Note? (required)
YesNo
Amount if Balloon above is "Yes"
Balloon Due Date (required)
Date of the Note's First Payment (required)
Is Note Current? (required)
YesNo
Lien Position of the Note (required)
First PositionSecond PositionThird Position
Business Appraised Value (required)
Is this Note Secured by Real Estate? (required)
YesNo
If "Yes", its appraised value
Is this Note Secured by Equipment? (required)
YesNo
If "Yes", its appraised value
Is the Business Location Leased? (required)
YesNo
If "Yes", remaining term
Additional Business Information including what the business does, years in operation, condition of equipment, details on UCC filings, franchise information if pertinent, etc.
Credit of Payor (New Owner) (required)
ExcellentGoodFairPoor
Is the Payor in the Armed Services (required)
YesNo
If "Yes" is the Payor deployed?
YesNo
If "Yes", Name of Guarantor (required)
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