Seller financing is common in small business sales because traditional lenders often avoid small online deals. The seller receives a down payment and monthly payments, usually with interest, over an agreed period.

For buyers, the main benefit is access: you can buy a business you could not fund in cash. For sellers, it can mean a higher price and a faster sale.

The terms matter more than the headline price. Interest rate, term length, balloon payments, and what happens on default all shape the real deal.

Protect yourself with a written agreement, a clear default clause, and a transition plan so the business keeps performing while you pay it off.

See the final section of the full article for additional practical guidance on this topic.