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information on seller funding

bm100
bm100 Posts: 2 Newbie
edited 12 July 2010 at 9:33PM in Loans
Hi - I am wondering if anyone know where I can find information on Seller Financing. I am in the process of buying into a business i currently work for and a looking at options available to me. I have come across "seller financing" where the seller (company owner) would act, in effect the bank to enable me to buy into the Ltd company and would pay them back at an agreed rate instead of paying the bank.

Only information I can find is about american real estate which doesnt help me much

any help or guidance would be appreciated

Cheers
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