Tag Archives: security
Board of Directors May Mortgage or Sell All of the Corporation’s Assets
But what you may not know is that the corporation’s board of directors has broad powers to mortgage or sell the corporation’s assets. Continue reading
Selling a Stake in Your Business to Investors May Require a Securities Registration
More red tape on your way to starting or growing your business. Fortunately, there is a way to cut through some of that red tape – legally. Continue reading
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Tagged anti-fraud law, bootstrap financing, Business, corporate law, Entrepreneur, Finance, financing new business, Investment, investments, private sale, qualify securities, register securities, section 25101(f), securities laws, security, Small business, Start Up, Starting a business, stock offer, transfer
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Is it a Good Idea to Take Back a Note on Sale of Your Business?
When selling a business, a seller may decide to extend credit to the buyer by “taking back a note.” Sometimes this is done in combination with bank financing, but not always. In this discussion we will look at what taking … Continue reading
Posted in Uncategorized
Tagged collateral, loan agreement, negotiable instrument, note holder, note maker, personal guaranty, Promissory note, purchase and sale, sale of business, secured note, security, security agreement, seller financing, take back a note, UCC-1 financing statement
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Of Interest to Entrepreneurs and Startups 