{"id":377,"date":"2016-10-31T14:03:35","date_gmt":"2016-10-31T14:03:35","guid":{"rendered":"http:\/\/amerilawyer-blog.local\/?p=377"},"modified":"2025-05-27T16:42:04","modified_gmt":"2025-05-27T20:42:04","slug":"if-you-are-looking-to-buy-or-sell-a-business-seller-financing-is-key-to-success","status":"publish","type":"post","link":"https:\/\/www.amerilawyer.com\/blog\/business\/if-you-are-looking-to-buy-or-sell-a-business-seller-financing-is-key-to-success","title":{"rendered":"If You Are Looking To Buy Or Sell A Business, Seller Financing Is Key To Success"},"content":{"rendered":"<p>With the changing state of the economy it is becoming harder and harder for <span style=\"color: #000000;\"><a style=\"color: #000000;\" href=\"http:\/\/www.amerilawyer.com\/DetoursAndContradictions.htm\" target=\"_blank\">entrepreneurs<\/a><\/span> to acquire loans for buying or<span style=\"color: #000000;\"> <a style=\"color: #000000;\" href=\"http:\/\/amerilawyer-blog.local\/business\/selling-your-existing-business\/\" target=\"_blank\">selling a business<\/a><\/span>. However, this can be easily solved through <strong>Seller Financing<\/strong>. Essentially, the seller will be paid for the business over time instead of one lump sum. In turn the seller can protect himself by assuming ownership if the buyer misses payment.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-809 alignright\" src=\"http:\/\/amerilawyer-blog.local\/wp-content\/uploads\/2016\/10\/Seller-Financing-1024x516.png\" alt=\"Seller Financing\" width=\"450\" height=\"227\" srcset=\"https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/Seller-Financing-1024x516.png 1024w, https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/Seller-Financing-300x151.png 300w, https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/Seller-Financing-768x387.png 768w, https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/Seller-Financing-144x73.png 144w, https:\/\/www.amerilawyer.com\/blog\/wp-content\/uploads\/2016\/10\/Seller-Financing.png 1268w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/p>\n<p>Additional seller protection can be achieved by securing a loan against the business&#8217;s hard assets, a mortgage on the buyer&#8217;s home along with personal guarantee signed by the buyer and the buyer&#8217;s spouse. Safety when selling a business can only be accomplished through carefully drafted agreements and proper documentation.<\/p>\n<p><b>If you are a member of Spiegel &amp; Utrera, P.A.\u2019s <\/b><a href=\"http:\/\/www.amerilawyer.com\/general_counsel.htm\"><b>General Counsel Club<\/b><\/a><b> and have questions about SBA 504 Loans, call (800) 734-9900 or<\/b><b>clubassist@amerilawyer.com<\/b><b>for assistance. Remember, as a member of the \u00a0General Counsel Club, you receive unlimited legal, business, credit and tax advice all year long.<\/b><\/p>\n<p><em>Spiegel &amp; Utrera, P.A. is a corporate law firm with its main offices located in Miami, Florida with offices throughout the U<\/em><span class=\"text_exposed_show\"><em>nited States. As a law firm, we do more than just help you form your business entity. We stand ready to help with the maintenance of your legal business entity! We\u00a0will assist you with\u00a0<a href=\"http:\/\/www.amerilawyer.com\/form_a_corporation\/corporation.htm\" target=\"_blank\">Incorporation Service<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/trademark\/index.htm\" target=\"_blank\">Trademarks<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/trademark\/tm_copyright.htm\" target=\"_blank\">Copyrights<\/a>,<a href=\"http:\/\/www.amerilawyer.com\/living_trust.htm\" target=\"_blank\">Estate Planning<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/general_counsel.htm\" target=\"_blank\">Legal Counsel<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/assetprotection\/index.htm\" target=\"_blank\">Wills<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/livingtrusts\/index.htm\" target=\"_blank\">Trusts<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/agreements\/\" target=\"_blank\">Agreements &amp; Leases<\/a>, <a href=\"http:\/\/www.amerilawyer.com\/\" target=\"_blank\">Corporate &amp; Company<\/a><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":null,"protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,72,5,6,49,7],"tags":[],"class_list":["post-377","post","type-post","status-publish","format-standard","hentry","category-business","category-entrepreneur","category-lease","category-legal-services","category-llc","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/posts\/377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/comments?post=377"}],"version-history":[{"count":1,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/posts\/377\/revisions"}],"predecessor-version":[{"id":25354,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/posts\/377\/revisions\/25354"}],"wp:attachment":[{"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/media?parent=377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/categories?post=377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amerilawyer.com\/blog\/wp-json\/wp\/v2\/tags?post=377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}