For business sellers
The decision is made. The business is for sale. A reliable, professional business broker is engaged to provide the all-important services of listing the business, finding prospective buyers, and helping to negotiate terms to move the deal to a successful conclusion for all parties.
But, as a seller, you have a couple of special objectives: Minimize the role you’ll play in buyer financing and end the transaction with more net cash.
Business sellers certainly want a rapid sale to a qualified buyer but are typically reluctant to shoulder a major part of buyer financing. And that’s reasonable. But it’s also reasonable for a seller and broker to recommend Pendarvis Capital to a buyer who’s facing the challenge of finding the capital that makes the acquisition possible since most buyers can’t pay cash for the acquisition.
With its convenient loan program and substantial know-how in business acquisition finance, PCG is able to reduce the seller’s burden in taking back debt in the form of a buyer note and also reduce the inevitable financing glitches that cause many buyers to walk away from otherwise-sound purchase deals. PCG’s loan program, simply stated, puts more net cash into a seller’s hands than does typical seller-based financing.
Relying on a business’s cashflow for loan repayment, PCG eliminates the time-consuming searches that buyers make for collateral or time-consuming dependence on slow-moving banks or cumbersome SBA or in-family borrowing.
Sellers, consider these advantages when your buyer finances through Pendarvis Capital:
- Pre-qualify your business for financing – includes PCG-issued letter.
- A buyer doesn’t waste your time while shopping for a loan or seeking sufficient collateral.
- Underwriting, documentation, closing, and funding are all accomplished faster than when done by the SBA or the typical bank.
- You get more net cash (liquidity) from the sale transaction than is the case with
usual seller-based financing.
- You’ll have a shared stake in the deal rather than holding a significant note yourself.
- Your buyer is less likely to back out and send you back to market.
These and other advantages are yours when you recommend the Pendarvis Capital team.
Download Acquisition Financing Program Summary
Download Seller Documentation Checklist
Download Buyer Documentation Checklist
Download FAQs
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