Promissory Note Available – Discounted for 17% Yield

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March 10, 2025

by a searcher from Purdue University in Prosper, TX, USA

Hello!

I’m looking to sell a promissory note to free up cash for a new business. Last year, I sold another small business I started and 100% seller-financed it at $410K / 10% / 4 years. The remaining balance is $312K as of March 2025, and I’m selling it at a discount for $283K, which provides the buyer with an effective 17% yield on the remaining payments. There are 35 months left on the note.

The note is personally guaranteed by three individuals with strong credit and solid assets. Payments have been made consistently for a full year, backed by a cash-flowing business.

If you or someone you know might be interested, feel free to message me or reach out by email or phone below. I'd really appreciate any introductions. Thanks!

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Reply by a searcher
in Rindge, NH 03461, USA
Is the note collateralized by any physical assets? You might have to discount it further to get someone to bite.
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Reply by a searcher
from Morehouse College in Washington, DC, USA
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