Continental Financial Services

Continental Financial Services provides a variety of funding strategies for the privately held Business Note. A Business Note is usually secured by the business itself (rather than real estate) and all the inventory / equipment / assets owned by the business. Typically, we work with clients who have sold a business . . . received a substantial down... payment . . . and carried back a loan in the form of a business note, secured by the business and usually, personally guaranteed by the payor . . . . and who are receiving regular monthly payments on the loan. Depending on a variety of factors . . . . rate / term / note structure / pay history / number of payments made / current credit situation of business and payor . . . we have access to the funding sources who will pay CASH for the FULL or PARTIAL purchase of your note. There are only three major investors / note buyers, nationwide, that buy business notes to keep for their own portfolios, and they consistently pay the highest prices for the notes they purchase. We work directly with all three and our job is to negotiate with these sources to get the best deal possible for your note! We can review any note for possible purchase . . . the ideal note from an investor point of view . . . a note that will bring the highest purchase price . . . will be structured as follows: 20% - 30%+ Down Payment 11% - 14% Interest Rate Maximum of 60 Month Term Minimum of 3 Months Seasoning (i.e. at least 3 payments received) Well Secured . . . Personally Guaranteed Larger Down Payments can compensate for less Seasoning and more Seasoning can compensate for smaller Down Payments. Do not hesitate to let us review your note, regardless of the structure. If you are a business note holder . . . or a business broker . . . our unique services and funding sources can help you cash out of an old deal . . . and get you to the closing table faster, with new deals! In some cases, with a substantial down payment, we can even do a semi-simultaneous close, and buy the note 30 days after ...Read More