Until recently, most sellers were virtually assured of receiving all cash for their practice sale, since buyers could easily obtain 100% financing at historically low interest rates. That’s changed dramatically over the past two years, as banks have cut back their lending and are charging dramatically higher interest rates. Here’s how using seller financing can help you get the deal done, at a potentially higher sales price, and with dramatically reduced federal and state income taxes.

Get the Deal Done

Finalizing a successful practice transition requires some form of financing. In the decade ending in 2020, interest rates were historically low (3-4%), and banks were aggressively lending with easy credit standards. This made it relatively easy for buyers to qualify for low-interest loans for up to 100% of the purchase price.