Seller Note Security

by a searcher from The Pennsylvania State University - Smeal College of Business

4 years ago

I'm working on a deal and the seller is asking for collateral to back the seller note. Curious to hear how others have handled this type of request. Did you put up the collateral or PG? Where you able to convince them to move forward without it? 

Any insight would be helpful. 

Thanks!

27 likes
426 views
19 comments

investor from Columbia University - Columbia Business School

Couldn't agree with @Luke above; would flip question back and ask why collateral would be needed...

4 years ago | like reply | 0 likes

searcher from University of Worcester

Never do a PG, the seller does not believe in their own business.

4 years ago | like reply | 1 like

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