Sorry, this website is under construction, but here is a basic explanation of what business we are in and how we work (plus a few terms that you should be familiar with before you come in or call for more information).......

 

 

 

 We Purchase Cash Flows For Your Growth

Private Mortgages

Today, owner financing has become an established and accepted practice in real estate. And because of the private mortgage industry, owner financing is an even more attractive option than it once was in the past.

Sell all or only a portion of your privately held note.

You may even sell future payments today while still receiving current payments.

We can facilitate the sale of existing private mortgage notes, portfolios of residential or commercial mortgage notes, or can arrange point of sale funding, also called table funding or simultaneous closing.

Mortgages and Other Notes
Residential Notes - 
Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of:

Commercial Notes -
Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of any type of commercial property:

Vacant Land Notes -
Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of any:

 

 

Realtors... Benefit from Working with a Cashflow Consultant

 

 

  1. More people will come to look at the home as a result of offering owner financing.
  2. It will most probably sell for a higher price because the seller of the home does not have to reduce the price of the home when they agree to take back the note.
  3. The Realtor will make more because the home will sell for more and their commission is based on the selling price.
  4. The Master Consultant offers referral fees.

 

CASH OFFER

 

 

 

 

 

 

 

 

Sales Price

 

 $100,000.00

 

 

 

 

 

Cash Offer

 

 $  80,000.00

 

 

 

 

 

Real Estate Commission 6%

 $    4,800.00

 

 

 

 

 

     Net to Owner

 $  75,200.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


OWNER FINANCING

 

 

 

 

 

Sales Price

 

 $100,000.00

 

 

 

 

 

Down Payment

 $   10,000.00

 

 

 

 

 

Seller Note

 

 $  90,000.00

 

Note @ 8% for 360 months;  $660.39 / mo.

Sale of Note (Approx.)

 $  72,251.77*

 

 

 

 

 

Real Estate Commission

 $    6,000.00

 

 

 

 

 

Escrow to Owner

 $  66,251.77

 

 

 

 

 

Down Payment

 $  10,000.00

 

 

 

 

 

    Total Net to Owner

 $  76,251.77

 

 

 

 

 

 *This is assumes that the note was purchased at a simultaneous closing at 10% and the CCFC subtracted a $3000 profit.

 

Business Notes


What Are Business Notes?
A business note is a promissory note secured by a business and its assets.

How Are Business Notes Created?
Business notes are created when a business owner sells a business using seller financing. The note is secured by the business and its assets in case the buyer defaults.

Who Can Benefit from the Sale of Business Notes?
About 85 percent of all business sales involve seller financing. The seller will accept a cash down payment for part of the sale and a promissory note for the rest. Often the seller of the business involved wishes to move on to another venture or industry or may need money for expansion.

If you have recently sold a business that you are still holding a note for, contact us for further information.

 

 

Glossary of Terms

"A" credit customers
Consumers with impeccable credit, who can obtain a loan from traditional lenders.

Acceleration Clause
Language in a lease that secures payments for the full term of the lease.

Accounts Payable
The amount of money a company owes for goods and services it has received; any outstanding debt that a company has.

Accounts Receivable
A collection of a company's outstanding invoices (invoices which have not yet been paid by the company's customers).

Accounts Receivable Aging Report
A report showing how long invoices from each customer have been outstanding.

Advance Rate
The percentage of the face amount of an income stream that a funding source will advance to a client.

Amortization
The gradual, systematic payment of a debt, such as a mortgage or other loan, in installments of principal and interest for a definite time, so that at the end of that time, the debt will have been paid in full.

Articles of Incorporation
A document filed with a U.S. state by the founders of a corporation. After approving the articles, the state issues a Certificate of Incorporation; the two documents together become the Charter of Incorporation.

Asset
Anything having commercial or exchange value that is owned by a business, institution or individual. A business' assets might include its real estate, equipment inventory, intellectual assets such as copyrights or trademarks, and accounts receivable.

Assignability
The ability to assign (or sell) an income stream to another individual or business.

Assignee
The person or business entity who is given, obtains, or buys the right to an asset.

Assignment
The transfer of the rights, title or interest of any debt instrument that is properly owned by another party.

Assignor
The person giving or selling an asset, and subsequently, forfeiting rights to that asset.

"B" through "D" credit customers
These consumers have less than perfect to bad credit and usually cannot qualify for traditional financing. Also called sub-prime credit customers.

Bad Debt
Any debt that is delinquent and has been written off as uncollectible.

Balance sheet
A financial statement that shows a business' current financial condition, with assets on the left side and liabilities and net worth on the right side.

Balloon
The balance of principal that is due and owing in its entirety at a specified point in time, but in any event, less than the time required to fully amortize the debt.

Bankruptcy
A state of insolvency of an individual or organization. The inability to pay debts.

Beneficiary
The person or party entitled to receive the benefits, or proceeds, of the life insurance policy upon the death of the insured person.

Bill of Lading
A shipping document which gives instructions to the company transporting the goods.

Bill of Sale
A document used to transfer the title of certain goods from seller to buyer.

Business-based income streams
Cash flow instruments that are paid to a business by another business or government.

Cash flow
The flow of cash through a business or household. In business terms, cash flow involves the flow of cash into a company in the form of revenues, and out of the company in the form of expenses.

Cash flow broker
Professional whose primary purpose is to unite income stream sellers with funding sources. They may operate as referral sources or as the primary liaison for cash flow transactions.

Cash flow industry
The buying, selling, and brokering of privately held debt in the secondary marketplace; the marketplace where businesses and individuals get help managing their cash flow needs.

Cash flow instrument
Future payment or series of payments. Also called a debt instrument or income stream.

Cash flow specialist
A cash flow professional who brokers cash flow transactions or buys cash flow instruments.

Cash flow transaction
Occurs whenever a funding source pays cash to an individual or business in exchange for an income stream.

Chattel mortgage
A mortgage on personal property, given to secure a debt. Typically used in the sale of a business. Also called a security agreement.

Collateral
Something of value (land, a home, a car, etc.) that is pledged as security to ensure the payment of a debt. Collateral is promised to a lender until a loan is repaid. If the borrower defaults, the lender has the right, by law, to seize the collateral.

Collateral-based income streams
Cash flow instruments that are secured by collateral.

Collectibility
Refers to the funding source's ability to collect future income stream payments once they are purchased.

Commissions
Fee paid to a broker for executing or referring a cash flow transaction.

Consumer-based income streams
Cash flows in which the party that owes payments is a consumer, a private individual.

Contingency-based income streams
Cash flows in which the recipient is not necessarily legally entitled to receive payments, or in which the amount of the payment is uncertain or contingent upon outside factors.

Conversion
The process of converting a qualified prospect into an active client.

Corporation
A legal entity, chartered by a U.S. state or the federal government, and separate and distinct from the persons who own it. It is regarded by the courts as an artificial person; it may own property, incur debts, sue or be sued.

Creditor
One who is owed payments on a debt by a debtor.

Debt instrument
Future payment or series of payments, or a debt that one party owes to another party. Also known as income streams or cash flow instruments.

Debtor
One who owes something and makes payments to a creditor.

Default
The omission or failure to perform or fulfill a legal duty, obligation, or promise (i.e. to pay a debt).

Due diligence
Exhaustive research on a transaction, income stream, client, and/or payor. Due diligence may involve credit checks, appraisals, UCC searches, lien searches, or on-site visits with clients.

Equity
The value or interest an owner has in property over and above any indebtedness owed on the property.

Escrow
The system by which money documents, personal property, or real property is held in trust for another party by a disinterested third party until the terms and conditions of the escrow instructions are completed or terminated.

Face value
The current principal balance on an income stream.

Factor
A funding source that specializes in funding accounts receivable.

Factoring
The purchase of a business' accounts receivable at a discount.

Fictitious name
A legal statement filed when a person uses a name other than his or her own to operate a business.

Foreclosure
A legal proceeding in court to seize property given as security for a debt that is in default.

Funding source
An individual investor or an investment company that buys income streams.

Government-based income streams
Cash flows paid by a government entity, either directly or through an insurance company.

Hypothecation
Borrowing funds from a lender, investing those funds in a debt instrument, and giving the lender a security interest in the debt instrument as the collateral for the loan.

Income stream
A future payment or series of payments, or a debt that one party owes to another party. Also known as a debt instrument or cash flow instrument.

Institutional lenders
Savings and loan associations, local and regional banks, mortgage companies, finance companies, and commercial lenders.

Insurance-based income streams
Cash flows stemming from insurance companies and paid to individuals or businesses.

Intangible personal property
Something that has value but is not a tangible asset, for example, a trademark, copyright, patent, or trade secret.

Investment-to-value ratio
A measure of how secure a creditor's position is and how likely the creditor is to recoup all of his or her money in the event of a foreclosure.

Joint venture
A business entity established for a specific task, operation, or goal.

Lead
A piece of information of possible use in the search for a prospective client.

Leverage
The ratio of debt to total assets.

Limited liability company
A form of business structure designed to combine the best of corporate and partnership attributes into one entity.

Loan-to-value ratio
A measure of how heavily mortgaged a property is and how likely the owner is to default on his or her debts.

Marginal credit customers
Consumers who may have had some slow pay problems, but generally pay their bills.

Market value
The price at which a ready, willing, and informed person would buy something; the price property would command in the current market.

Marketing
The process of identifying and communicating with qualified prospects.

Master Consultant
Individual who has been certified and designated by the American Cash Flow Association to work with Diversified Cash Flow Specialists.

Mortgage
A written instrument that creates a lien by pledging real property as security for a debt.

Notice of Pre-lien
A document notifying the owner of real property that materials or services are being furnished to his real property, putting him on notice that the one sending it will look to have a lien against the real property if those materials or services are not paid for.

Owner financing
A type of financing in which the seller of a tangible item accepts a promissory note as a portion of the purchase price. Also called seller financing.

Partnership
A common form of joint ownership of a business.

Payee
Person or business that has the right to receive a payment or series of payments and is interested in selling that income stream for cash. (Also called the seller or client.)

Payor
The person, company, or government responsible for making payments on an income stream.

Partial
Any part of a payment stream that is less than the full amount due.

Personal guaranty
A contractual agreement between a funding source and a seller, whereby the seller assumes personal responsibility and liability for the obligations of the income stream.

Portfolio
A group or package of income streams of the same type.

Privately held
Owed to a private individual or business rather than to a bank or other financial institution.

Profit and loss statement
A financial statement that shows a historical record of a business' income and expenses.

Promissory note
A written promise to pay a specified amount to a specified party over a certain period of time.

Real property
Real estate.

Replevin
A legal proceeding in court to seize property (other than real estate) given as security for a debt that is in default.

Reserve
An amount a funding source holds in its account to cover potential payment defaults. After a certain time period has passed, the funding source rebates the reserve to the client less any fees or charges for delinquency. Also called a bad debt reserve.

Satisfaction
The discharge of an obligation by paying a party what is due (i.e., the satisfaction of an IRS lien or the satisfaction of a mortgage).

Seasoning
The length of time payments have been made on a note or other debt instrument.

Secondary market
The marketplace where individuals and businesses can sell privately held income streams to funding sources for cash.

Securitization
The bundling and resale of debt instruments to investors; permitted only for parties licensed and regulated by the SEC.

Security interest
An interest in property, other than real estate, which is given as security for a debt or other obligation. A security interest is created by execution of a security agreement and one or more financing statements under the Uniform Commercial Code.

Seller
The person or company that is holding a debt instrument and wants to sell it.

Servicing
The collection of payments of interest and principal, and trust fund items such as fire insurance, taxes, etc., on a note by the borrower in accordance with the terms of the note. Servicing by the lender also consists of operational procedures covering accounting, bookkeeping, insurance, tax records, loan payment follow-up, delinquent loan follow-up and loan analysis.

Sole proprietorship
A business owned and operated by an individual.

Subordination
The act of a creditor acknowledging in writing that a debt due him or her by a debtor shall be inferior to the debt due another creditor by the same debtor.

Tail
The payment stream and/or balloon payment of an income stream subsequent to another party's right and interest in the income stream. Usually the back half of the payment stream when another party has purchased the front half.

Tangible personal property
Personal property other than real estate, such as cars, boats, or other assets.

Time value of money
Concept that addresses the way the value of money changes over a period of time.

Title commitment
A commitment on the part of the insurer, once a title search has been conducted, to provide the proposed insured with a title insurance policy upon closing.

Title insurance
Title insurance can benefit either the payor or the payee. Should the beneficiary suffer any damages due to clouded or false title to real estate, title insurance recompenses the damaged party to the extent of the damages.

Title policy
An insurance policy that insures a party against loss due to a defective title.

Trial balance printout
A spreadsheet that lists all loans in a portfolio and their payment schedule. Usually required for a portfolio transaction.

Uniform Commercial Code (UCC)
Standardized set of guidelines protected by law that set down how business transactions must be conducted.

Unseasoned
A lease or note that has had few, if any, payments made.

Viatical
The nature of viatical settlements is the assignment (transfer of life insurance benefits) and sale of a death benefit. In the beginning, viatical settlements were used primarily as a financial option for AIDS patients with a clearly terminal illness, who were unable to obtain the resources they need at a critical time, Eventually, victims of other terminal illnesses such as cancer and lukemia recognized the advantages of viating their life insurance policies to pay for current expenses.

 

Factoring Invoices with Express Business Funding:

Full Range of Services, Including:

·  Factor one invoice or as many as you need

·  No Financial Statements Necessary

·  Funding Provided in less than a week

When you complete your work for a customer, that is, deliver your goods or perform your service, what do you have? An open invoice that you need cash for now! We will purchase your invoices to your creditworthy customers, and give you immediate CA$H!

Express Business Funding finances thousands of receivables from both the commercial and government sector. No financial statements are necessary. Quantum only needs your creditworthy accounts receivable to give you the cash that you need to fund your business.

 

 

With Express Business Funding you get:

Dependability
You can receive cash NOW (within 24-48 hours) for your invoices, instead of waiting 30-60-90 days...allowing your business to turn over more profits!

Flexibility
You can sell only those invoices you choose to. When you sell invoices and which invoices you sell is your choice entirely.

Advance
We will advance up to 70% of the face value of your invoices (up to 60% for the construction industry). The reserve of 30-40% is adjusted and paid as soon as we receive payment for the invoice so that you receive 100 cents on the dollar (less the discount fee).

No Creation of Debt
You are not borrowing money, you are selling an asset. There are no monthly payments or balloon payments in the future.

To learn how we can arrange to give you immediate cash for your invoices, call or email us today. One of our highly knowledgeable professionals will be pleased to show you how we can help your business now.

Want to get started right away?  Call 404-625-6086 or email