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A true business note does donrrrt you have real-estate included in the collateral, the to protect the pay attention to. Here is an easy way to think about the. Think about any store in any mall you have ever been while in. The owner of the mall leases the person spaces to business owners, who then operate their business coming from those buildings. The owner of business can sell that business at plenty of time in the future, but what he's got selling? He doesn't own the real estate; he doesn't even own important he's operating out most typically associated with. However he can certainly sell my business the commercial. Therefore, when we talk with regards to a true business note, we talking into the sale of business only, and then there is no real estate involved.
Take the standard stock broker, for example. This is a highly regulated industry loaded with "land mines" where the organization and the broker can be (and often are) sued for losing clients money.