What Are Business Vehicle Notes?

A business vehicle note is a promissory note that is secured by a business vehicle. Business vehicle notes are created when a business owner sells a business vehicle using seller financing. The note is secured by the business vehicle in case the buyer defaults.

Who Can Benefit from the Sale of Business Vehicle Notes?

A majority of all business sales involve seller financing. The seller will accept a cash down payment for part of the sale and a promissory note for the rest. Often the seller of the business vehicle involved wishes to move on to another venture or industry or may need money for expansion.

If you have recently sold a business vehicle and you are still holding a note for it, download and fill out the Business Vehicle Note Worksheet and contact a certified Cash Flow consultant for assistance today!

See also:
Business Notes or Business Equipment Notes


a certified Cash Flow consultant for assistance today!

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