With thousands of gas stations, convenience stores, truck stops, lube centers, car washes and auto repair facilities sold each year, many buyers and sellers rely on the benefit of seller financing. The seller takes on many responsibilities such as tracking payments and reporting interest, as well as risks like collection problems and foreclosure, not to mention not having the cash from the initial sale of the property or the business.

PetroMAC purchases seller-financed mortgages, seconds, deeds of trust and contracts. This allows the seller to receive a large lump-sum payment as opposed to a stream of small payments over time. In addition, it relieves the seller of the responsibilities that come with seller financing.

Because PetroMAC pays a large lump sum now for the right to receive future payments, the purchase price offered is most often discounted from the current value of the mortgage, deed of trust or contract. The amount of the discount depends on a variety of factors such as property type and condition, the payment history and terms, credit of the payor and other details of the transaction.

PetroMAC is very flexible and able to structure a number of different purchase options-i.e., purchasing all or part of the mortgage, deed of trust or contract.

A partial list of other cash flows that can be purchased:
- Business Notes
- Commercial Property Notes
- Raw Land Notes
- Structured Settlements
- Distressed/Defaulted Notes
- Accounts Receivable
- Second Position Notes
- Annuities
- Inheritances
- Trusts
- Chattel Notes
- Leases
- Tax Certificates
- Judgements and many more……

If you are interested in selling your note, click here for our online application, or you can download the form here.

Online Application
Online Printable Form (PDF)

Call or E-mail today for a free no obligation quote!

 

(202)478-0230 Voice
(202)478-1811 Fax
http://petromac.com
info@petromac.com