Globally, one in 10 business buyers expect to fund an acquisition through seller finance, according to the poll of thousands of buyers, sellers and brokers from around the world (See more detailed survey analysis here: http://uk.
Asked whether they had noticed seller finance becoming more common and/or extensively used since 2007, 85% of US-based business brokers answered affirmatively, with 48% strongly agreeing.
With no prospect of bank lending ever recovering to pre-credit crunch levels, business sellers are well advised to at least consider seller finance as part of the deal.
NoteWorld, which has been in business for 30 years, is the nation's largest servicer of seller finance loans and personal debt escrows, and also purchases retail seller finance notes.
Prior to being appointed President by C-BASS, Remsberg fulfilled the duties of Executive Vice President while overseeing the seller finance servicing business unit.
NoteWorld was founded to serve organizations in the niche market of seller finance through third-party servicing and product offerings that enhance seller finance transactions.
NoteWorld is also recognized as the nation's leading provider of seller finance
training and education, through their "Easy Street" program.
DALLAS -- Bayview Financial[R], an $11 billion real estate lending and investment finance company, announced today the promotion of Bob Repass to managing director of Bayview First Funding(sm), the Dallas-based seller finance division.
Repass brings more than 24 years of banking and financial services industry experience - the past 16 years focused on seller finance - to his role as managing director.
Bob Repass has proven to be an invaluable asset to the Bayview First Funding team, from his experience in the seller finance industry to his proven track record over the past five years at the company," said David Ertel, Chairman and Chief Executive Officer of Bayview Financial.
based InterBay Funding, LLC seller finance subsidiary to Bayview First Funding, LLC, effective January 1, 2007.
The Bayview First Funding(sm) name change enables the seller finance division to better communicate and leverage its affiliation with parent company, Bayview Financial.