Seller Notes in Acquisition Financing: Why Deferred Purchase Price Must Be Stress Tested How Buyers Should Test Seller Financing Before the LOI A seller note can make an acquisition look financeable before the repayment structure has been proven. The buyer reduces the cash required at closing, the seller bridges a valuation gap, and the senior...
Acquisition Capital Stack: Why Deal Financing Must Be Tested Before the LOI A business acquisition can appear fully financed before the financing is truly supportable. The sources and uses table may balance. The purchase price may be agreed in principle. The buyer may have a lender indication, a seller note, and equity lined up. Yet...
Article 9 vs Section 363: How Distressed Acquisition Structure Affects Financing Capacity The path used to buy distressed assets can shape lender confidence, leverage, equity requirements, and the durability of the post-close capital stack. Buyers often view distressed acquisitions through the lens of speed. If the target is under pressure, the buyer wants to move...
