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Is business financing amoritized like residential? 20 year? 30 year?

A business seller is seeking to sell a business to me with option of seller financing. He is asking $200k. I am proposing terms of 20% down, 5% p/i, 7 year term, amortized in 7? Should I be amortizing 15yr, 20yr, 30 yr?

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Answers (3)
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Have you ever searched for funds, loans, financial assistance or need an accredited lender to help you meet up with your needs and demands? Do you want an Investment Loan for your business Or have your bank turned you down? Is your monthly income disappearing due to high interest rate on your Loans, Credit or Bonds? Then you have no alternative than to get an instant and reliable service. Contact us today for Legit/accredited Loans, Mortgages and Investment funds. For Quick application, Apply within; Full Name: Loan Amount needed: Loan Purpose: Loan Duration: Phone number: Address/Country:

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Jesse Peterson
phone: (980) 239-7539

May 31, 2017
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Thanks Jeff and R A.

Jul 14, 2010
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Business finance terms usually don't go beyond 5 years but if the owner will accept the terms and your sure you want to be indebted to him for that long, then just make sure you get a contract signed.

Jun 30, 2010

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