$100billion! Yes, that is correct $100,000,000,000!

$100billion! Yes, that is correct $100,000,000,000!
It is estimated that there are approximately 20 million small businesses in the United States at any given time. Of those, approximately 10% are sold on an annual basis with an average seller-financed note of $50,000. That computes to at least 2 million new businesses and $100 billion worth of notes generated annually!
So why would a seller help finance the sale of his business? It is due to the fact that it can be very difficult at times for individuals to obtain bank loans with which to purchase businesses and, with the Small Business Administration (SBA) stating that 50% of all small business start-ups will go out of business within 1 year and 90% of the surviving start-up businesses going out by their fifth year, you can understand why banks are hesitant to make these type of loans and it then options the seller to finance the transaction himself.
With this in mind, what options does the seller of the business have if he desires not to act as a bank for the next few years and, do they have to wait and hope that the buyer stays in business long enough to collect? What if they want to use this capital to start their own new business?
As they almost always will, they come to the point where they would prefer to have a lump sum of CASH NOW instead of payments over a period of time.
Can they sell these payments?
Absolutely!
Holders of business notes, for the most part, do not even know that they can sell their note.
Ron Hrivnak, of KMJ & ASSOCIATES, a contract buyer for one of the largest purchasers of privately held notes in the country, says there is a Win-Win situation available.
“As you know, many businesses are sold with some form of seller-financing. Whatever the situation, the seller is waiting for their money. Our program allows these note holders to cash out their note. By cashing out their note, this allows these individuals the opportunity to perhaps use the money for another investment opportunity, consolidate bills, send a child to college, purchase a new car, or maybe even take an exotic vacation. Whatever they choose to do, they can have the CASH NOW! Many sellers do not realize that this option exists. We want to help. We want them to wake up every morning excited to start the day and end the day feeling relaxed and self-assured. We have available not only multiple options available to fund, we also have, quite literally, millions of dollars available to do the funding. We have the ability to assist almost anybody with some type of seller financing in the United States. So why wait?”

If you would like more information, feel free to call 1-803-767-1599