How to Buy a Business With Seller FinancingA look at when seller financing makes sense and how to vet the deal.

Advertising and publishing veteran Janelle Regotti was looking for a business to buy. The right opportunity presented itself last year when she found Guide Publishing, a company that distributes a quarterly resource guide for Northeast Ohio seniors. The only catch: Regotti didn't have the $500,000 asking price.

With few physical assets to borrow against, she was unlikely to get a bank loan. So with the help of her business broker, she negotiated a seller-financing deal and bought the business five months later with just 10 percent down and quarterly payments due over 10 years at about 6 percent interest.