Our Seller Won't Finance. Red Flag?

March 25, 2024
by a searcher in San Francisco, CA, USA
We recently went under LOI after submitting 2 offers: one at $2.9M all SBA, and another at 3M with 10% seller financing. Our lower offer was accepted; is it a red flag that our seller won't carry a note for the higher purchase price? They had disclosed they weren't interested in seller financing in the CIM, but I'm still concerned that they know something about the future of the business we don't. As a note, this is a non-recurring revenue business so predictability of cash flows is fairly challenging.
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
I am not sure if this helps you at all, but just trying to give you my perspective. I have not idea what is going on in their mind.
from University of Texas at Arlington in Fort Worth, TX, USA