Sale of Business Agreement on Vendor terms

When buyers are having difficulty borrowing money from the banks, vendor finance is an option that facilitates the sale of a business and allows the seller to achieve their price, even though a part will be paid after completion.

Use this combination of Sale of Business and Secured Loan Contract templates when buying or selling an established business, where the Vendor agrees to allow the buyer to pay part of the purchase price with the balance payable over time.

This comprehensive Contract for Sale of Business includes provisions that specifically deal with the goodwill of the business, the business name, stock in trade, business assets, GST (goods and services tax), restraints of trade, leases, employees, security over the business assets and much more.

Buy Sale of Business on Vendors Terms Agreement Only $179.95

The vendor retains effective possession and control of the Business and the Assets until such time as the whole of the purchase price is paid.

About the Secured Loan PPSR Agreement – Will the Lender hold security for the loan over something of value?

In order to comply with the Personal Property Securities Act 2009, the lender and borrower must clearly document the property offered as security.

This agreement contains all the provisions required to create a loan so the lender can register their interest on the personal property security register (PPSR).

Along with a detailed users guide this secured loan agreement will give the lender the confidence that their interests are protected and borrower a clear understanding of their responsibilities.

Document Provisions

Sale of Business Contract template includes the following provisions

Definitions And Interpretation
Sale And Purchase
Vendor’s Debts
Payment Of Deposit
Balance Of Purchase Price
Stock Valuation
Goods And Services Tax
Running Of The Business Before Completion
Completion
Action After Completion
Restraints Of Trade
Employees
Debts And Liabilities
Apportionment
Warranties
Disclosure Of Facts Rendering Warranty Incorrect
Guarantee For Vendor’s Obligations
Guarantee For Purchaser’s Obligations
Confidentiality
Costs And Stamp Duty
Dispute Resolution
Default By Vendor
Default By Purchaser
General Provisions
Notices
Governing Law
Contracts And Leases

Secured Loan Contract with PPSR includes the following provisions

Recitals
Definitions
Payments
Interest
Type and Place of Payments
Prepayment
Security Interest
Charge
Enforcing the Charge
Default
Recourse
Covenants
Lender’s Rights And Remedies
Benefit Of Agreement
Severance
Entire Agreement
Governing Law
Execution In Counterparts.

Document Sample of Sale of Business on Vendor Terms Contract template

Sample Sale of Business Agreement 1

sample sale of business contract 2

Play Video to see Sale of Business Agreement Sample

Sample of Secured Loan Agreement Template

Secured Loan PPSR template Sample 1 Document

Secured Loan Agreement PPSR Sample 2

Secured Loan agreement template Sample 3

The Kit Includes

Sale of Business Agreement Template
Secured Loan with Personal Property Security Register Agreement Template
Victoria Only – Section 52 Vendor Statement
Users Guide
Bonus – Contract Preparation Hints and Tips (PDF)

Purchase Details

Our fully secured ecommerce system allows you to purchase and download your Agreement safely. In just a few minutes you can have everything you need to protect the interests of all the parties involved.
Buy Sale of Business on Vendors Terms Agreement - Instant Download