Our Country’s recent economic downturn has placed business buyers and sellers under increased scrutiny when attempting to secure financing for small business transactions. The loans that typically finance small business transactions are issued by either conventional lenders or SBA lenders. Both groups have lost their appetite for mediocre borrowers and, are less likely than ever [...]
Tags: General
In our last blog post we discussed the sale of a business as an installment sale. Our discussion included the installment sale’s time value of money benefits for a business buyer and the high risk of buyer default for the seller. Today let’s investigate a new form of transaction, the structured sale. A structured sale [...]
Tags: Selling a Business
1031 exchanges are most often associated with investment real estate as a way to defer taxable investment gains. However, section 1031 of the Internal Revenue Code (“IRC”) is NOT limited to real estate transactions. A number of other assets qualify, including most tangible business assets. Section 1031 provides that “No gain or loss shall be [...]
Tags: Selling a Business