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Private Financing

Private Financing is where a business seller takes back a promissory note from the business buyer for all, or a part of the purchase price of the business. The note when used in a business transaction is called a "Business Note." The note is a document signed by the buyer stating the loan amount, the interest rate, along with the time and method of payment. If the transaction also includes real estate, there will be a separate document called a "Mortgage Note."

To learn more how you can benefit from Private Financing click here.

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