The past few years, we all know that we have been dealing with a recessed economy. In terms of business brokerage and commercial real estate, there is only one thing that comes to mind; financial struggles and reduced business/property values. I have seen one continuous theme in the past five years, and that is financing becoming a hard thing to come by. Banks have stiffened lending parameters, and owners have become less and less willing to consider financing a portion of the purchase price themselves.
There are a few reasons why most owners will not consider holding a note on a business and/or property which are very clear cut. For our purposes here, we will focus on business acquisitions.