The cash flow business is the creating, selling, and buying of promissory notes for goods or services. Cash notes are created for owner-financed real estate, repair services, vehicles and more. Note buyers seek to purchase notes from note sellers.
Note buyers offer note sellers an upfront lump sum of cash that is valued less than what the note is worth in exchange for taking over receiving monthly payments equal to the full value of the note.
Note businesses can be centered on real estate notes, vehicle notes, annuity payouts, lottery winnings, repair services, purchase orders, accounts receivables and more.
Each state has differing regulations on whether you must hold special licensing to operate as a note buyer. Check your state business laws.
Some note buyers use their own money to offer the upfront lumps of cash or partner with private companies or individuals who do most of the funding for them in exchange for part of the profits.
Have negotiation skills when dealing with note sellers. You need patience to find a note that fits the parameters you have set.