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Why do I need a Vendor Finance Agreement?
An important agreement between vendor and purchaser, a Vendor Finance Agreement covers key terms like the repayment schedule, interest amounts and what will happen if the borrower defaults on the repayments.
Drafting a Vendor Finance Agreement in accordance with your requirements
Phone consultations with our expert lawyers
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1 / Get a quote
Our legally trained consultants will prepare a fixed-fee quote for you.
2 / Accept online
Accept your fixed-fee quote and e-sign our engagement letter.
3 / Speak to the lawyers
Speak with our expert lawyers about the details of your project.
Receive your completed project, usually within 5 - 10 working days.
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A Vendor Finance Agreement is an agreement between a vendor and purchaser, under which a vendor agrees to lend all or part of the purchase price of a business to the purchaser. It is typically used where a purchaser does not have the full funds available to afford the purchase of a business, and so the seller agrees to ‘loan’ part of purchase price to the buyer for a set period, at an agreed interest rate.
Our fixed-fee Vendor Finance Agreement packages start at $1750 + GST. This includes a Vendor Finance Agreement drafted to meet your specific requirements, phone consultations with a Sprintlaw lawyer, and a complimentary amendment to the final draft we provide to you.
As an online law firm, we eliminate the headaches of paying us by the hour and finding time to meet with a lawyer in person. We communicate via phone, email and cloud conferencing — whichever suits you! We know you’re busy, so we’re only a click away. You’ll be guided through this process by our expert lawyers, who are Australian-qualified and were trained at leading law firms. They left the traditional corporate law sphere to help us make legal services better. Our lawyers specialise in technology, intellectual property, contract drafting, corporate and commercial law.
Our law firm operates completely online, which means we can help you wherever you are in Australia. We work at The Commons Central – a cool co-working space in Chippendale, Sydney – but our lawyers often work flexibly across various locations.