Vendor Finance Made Simple

Tailored finance agreements for small business buyers and sellers.

Sellers can achieve a higher price, quicker settlement and a better chance of finding the ‘right’ buyer.

Buyers can unlock more opportunities and secure their dream business sooner. Ready to transact on your Turms?

Barista

How it Works

Vendor finance used to be hard. Turms makes it easy.

1.

Tell us about you

Tell us all about yourself and the business you’d like to buy or sell.

2.

Tailor your Turms

We’ll work with you to tailor an offering to help you transact sooner.

3.

Get a deal done

Now that the Turms are set let’s get a deal done!

A gym owner

Sellers

Ready to sell your small business?

We work with you to achieve the best possible outcome when selling your business and will guide you through the process every step of the way.

Brokers

Have clients that would benefit from a hassle free, Vendor finance offering?

We partner with you to offer tailored finance agreements that bridge the funding gap and get deals across the line sooner.

Business Broker
Man with folded arms smiling

Buyers

Have your eye on an acquisition?

We can help to unlock more opportunities with access to Vendor financing. Our quick and easy application process will get you in the best possible position to secure your dream business.

Hear what our great customers say

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“Our broker suggested that we add Turms into our sale process to attract more buyers. We were blown away with the price we acheived, the speed of the transaction and how seamless the whole experience was.”

Seller
Sydney

“We previously were hesitant in advising clients to provide vendor finance but the Turms platform has really helped in making the whole process more transparent and much easier!”

Broker
Melbourne

“An opportunity came along to purchase a great business in a great location but we wouldn’t have been able to make it happen without vendor finance. We’re one year in now, business is great and it’s been life changing for us!”

Buyer
Melbourne

Frequently Asked Questions

What is Vendor Finance?

Vendor financing, which is also called seller financing or vendor take-back, is where the seller of the business agrees to take part of the sale price through a series of payments with interest. The seller is essentially extending a loan to the buyer so that they can complete the purchase.

How does Vendor Finance work?

Vendor finance used to be difficult but Turms makes it really easy! Once the purchaser, vendor and their broker/s have agreed to the vendor financing amount and loan parameters, Turms gets to work and makes it all official.

Who is Vendor Finance for?

Vendor Finance can be useful for a variety of different businesses in a range of different industries.

Is Vendor Finance the same as Seller Finance?

Yes, Vendor Finance is also known as Seller Finance, Owner Finance, Vendor Take-Back (VTB) or Seller Notes.

What are the benefits of Vendor Finance?

There are a range of benefits for all parties with Vendor Finance. Whether you’re a buyer, seller or broker, using Turms will make transacting much easier.

Does Turms just do Vendor Finance?

Turms is the home of Vendor Finance. We do one thing and we do it well! We have various partners that we work with though if you’re looking for another solution.

Get in touch to find out more about Turms and how we can help

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