Business Notes for Note Brokers

Message from the Founder:

I want to make you a business offer. If you are tired of trying to find real estate notes to broker, I will buy another kind of note through you that is easier to find. I'll even tell you how to find them. I'm talking about small business notes.

A small business note results from the sale of a small business: A dry cleaners, a gas station, a tavern, convenience stores, restaurants -- any small business. The small business note does not mean a small note. A typical small business note ranges from $50,000.00 to $150,000.00. These are respectable notes.

There are advantages in brokering small business notes:

The sale of a business does not usually involve the sale of real estate. You are probably painfully aware that real estate notes are increasingly difficult to find. That leaves an entire market open to the determined note broker who is willing to go after the small business note.

Another advantage of small business notes is the fact that a broker usually makes more money on them than on comparable real estate notes.

The majority of all small businesses are sold on seller-financed notes. In real estate, only a small percentage of transactions are seller-financed.

If this sounds interesting to you, here's how to find the small business notes that we will buy through you: first, contact your local business brokers. You will find them listed in the Yellow Pages, or in the newspaper under "businesses for sale". Let the business brokers know that you can provide cash for small business notes. They will most likely be pleasantly surprised, even if they have nothing on hand at the moment. Often, a note seller will sell a business note to get cash to buy another business. Your offers will most likely be eagerly examined.

The second way is to go to your county courthouse and look at the Uniform Commercial Code filings, which will give you the names of the businesses that have been sold, including the seller's name and last known address. This will give you a contact list. The third way is to place an ad in a trade journal of a particular type of business. Let it be known that you broker notes from small business sellers.

Fourth, stay alert for local businesses that are under new management. That is an obvious signal the business has been sold and a note is most likely involved. Introduce yourself as a note broker, and ask how to contact the previous owner. Use the same precautions about small business notes that you would use on real estate notes. Physically inspect the business to make sure it is thriving. Examine all the documents thoroughly. Double check all the numbers. Make sure the note being offered is the original and not a copy -- the usual due and diligent footwork you normally do.

Please contact us as soon as you have a good lead. If you have located a desirable business note, we will buy it through you and pay your fee. We are including our guidelines for business notes so you'll know what we need.

Larry Stevens, Founder.

Use this practical web site to sell your note for fast cash.