Seller Financing is simply you acting as the financier for the sale of your company to the purchaser. It shows the buyer your confidence in the future of the company's success.
This setup gets your business sold faster with a shorter closing period and typically for a higher price than an all cash offer, 30% higher on average. It also offers far more flexibility in financing structure to benefit you and the buyer.
Your lawyer will be involved in setting up the terms and your accountant can advise you on the tax advantages of accepting payments instead of a lump sum payment. Like a bank providing a mortgage, you maintain a vested interest in the business until the final payments are made.
If you are considering your options in selling your company email me, Samantha Clark at firstname.lastname@example.org or call 905-220-5224.