Seller Financing for Business: How to Tell If It Could Work
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Published June 28, 2018
According to Joshua Escalante Troesh, a financial planner and President of Purposeful Strategic Partners, seller financing can actually be lucrative in the long run. Escalante Troesh says: "Compared to receiving a lump-sum payment for a business seller financing can be an incredibly valuable financial planning tool. If the deal is structured correctly, seller financing can provide a higher return through the [promissory] note’s interest rate, which also provides the former business owner with a steady stream of cash flow."