Document background
The Seller's Finance Agreement is utilized when a seller wishes to facilitate the sale of their assets by providing direct financing to the buyer, rather than requiring the buyer to obtain third-party financing. This arrangement is particularly valuable in commercial transactions where traditional banking finance may be less suitable or available. The document, governed by Swiss law, outlines both the terms of sale and the financing arrangement, including purchase price, interest rates, repayment schedule, and security interests. It incorporates necessary provisions to comply with Swiss regulatory requirements, including the Swiss Code of Obligations and financial services regulations. This type of agreement is commonly used in business-to-business transactions involving substantial assets where the seller has the financial capacity to extend credit and wants to maintain some control over the financing terms.
