when business brokers marry note brokers
TRANSCRIPT
When Business Brokers Marry Note Brokers
Business Broker Presentation
Introduction
Straight Forward Facts About Wealthy Beginnings, LLC
Wealthy Beginnings, LLC was established solely for the
purpose of brokering seller financed real estate notes!
We have purchased and brokered notes on all different
types of properties including businesses, residential,
commercial and land in all 50 states.
Our services provide our clients with an international network
of buyers, sellers and investors through networking and
innovative marketing strategies.
We look forward to servicing you.
Our Services
A Brief Highlight
Business Notes (No Property) A business note is a signed owner financed
promissory note which includes all assets of the
business excluding property. Assets should include
inventory, intellectual property, franchise value,
business website, signage, fixtures and furniture.
ConsultancyWe specialize in purchasing existing income streams
for cash. We do not give, create or originate loans or
notes.
Commercial Mortgage NotesAn owner financed commercial mortgage note is a
signed promissory note which includes the property,
building or land in a form of a mortgage note including
amount owed, terms, 20-30% down-payment
between the note seller and payer.
Land (Raw & Improved)Yes, we buy land, both raw and improved, too!
When Business Brokers Marry Note Brokers...
As you may know, many businesses are sold with seller financing. Our program allows your clients who hold seller financed business
and commercial mortgage notes an opportunity to liquidate their note(s) into fast cash. This allows savvy serial business owners to
either purchase or sell another business using your services, even faster. This also equals more referrals and quicker commissions
for YOU!
We have found that at many times a business may not sell due to:
1. The potential buyer's inability to obtain traditional financing and the business seller
2. The Business Seller refuses to offer owner finance because he/she wants all of their money upfront
We offer a turnkey program which allows you to sell more businesses in shorter time frames by allowing the business seller to sell
their business note for cash once the deal is completed to a pool of guaranteed buyers. This results in more commissions for you.
There are benefits to Business Brokers and Their Clients in working with a Note Broker to encourage Business Sellers to consider Seller Financingwith Wealthy Beginnings, LLC as the EXIT STRATEGY...
When Business Brokers Marry Note Brokers
IT'S A FACT.
1. You will receive more offers and inquiries for the business you
are brokering by offering seller financing.
2. The business will most likely sell for a higher price due to
option to seller finance, longevity of terms and interest rates.
3. The Business Broker will make more because the home will
sell for more and their commission is based upon the selling
price.
4. Easier qualifications, low down payment, no closing costs,
specialized financing terms for the business buyer equals
quicker possession of the business and a quicker sell for the
broker.
CASH OFFER
Asking Price: $100,000.00
Cash Offer: $80,000.00
Broker Fee (6%): $4,800.00
SELLER FINANCE ALTERNATIVE:
Asking/Sale Price: $100,000.00
Down Payment: $10,000.00
Seller Note: $90,000.00
(8% for 360 months, $660.39 per month)
We Purchase the Note: $73, 251.77 ** Estimate***
Broker Fee (6%): $5,000.00
Escrow to Seller: $66,251.77
Down Payment; $10,000.00
Total Net to Seller: $76,251.77 (More than the CASH offer!)
There are benefits to Brokers and Their Clients in working with a Note Broker to encourage Business Sellers to consider Seller Financingwith Wealthy Beginnings, LLC as the EXIT STRATEGY...
OUR FUNDING GUIDELINES
What We FUND...
BUSINESS NOTES
Minimum Funding: $20,000
Maximum Funding Amount: $200,000
Unless Further Justified
Seasoning Requirements: 3 months
Down Payment: 30%
Credit Score Minimum: 700
**No Business Notes as a result of
partnership buyout unless the remaining
business partner is in agreement
**No Business Notes with more than one
owner
COMMERCIAL NOTES:
Minimum Funding Amount: $100,000
Maximum Funding amount: $2,000,000
First Position Note ONLY
Seasoning: 3 months
Down Payment: 30%
Interest Rate: 10%
Minimum Credit Score: 675
** No Interest Only
LAND NOTES:
Down Payment: 30% (at least
Interest Rate: 12%
Amortization: 30 Years
Credit Score: 700 or higher
What We FUND...What We FUND...
Additional Opportunities
Working with Wealthy Beginnings, LLC
We Buy
Non-PerformingNotes
ALL 50 States
Owner Occupied Residential
Commercial
No Warehouses
Broker Referral Fees
We Buy
Debt
Consumer Debts
Student Loans
Bad Checks
Installment Loans
Broker Referral Fees
We Offer
CommercialFinancing
Asset-Based Lending
Accounts Receivable
International Factoring
Commercial Credit Advances
We Offer
Private LendingBackground and Experience is
YOUR Credit Score
20% of Loan Requested Available
Non-Owner OccupiedAbility to Repay
