Options for selling your business loan
By on Mar 12, 2008 in Entrepreneur
Dear FSB: I sold my small, family-owned business recently but retained a business loan on the equipment we owned. I have a lien on the equipment and personal guarantees from the new owners that they will continue paying the loan, but I’m considering selling the note. Where can I find out data about doing that? What are the pros and cons of selling a business loan? Thank you.
Original post by Technology news - Business 2.0 Magazine
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