Mergers & Acquisitions

Resources: Glossary

Don’t be confused or intimidated by any terms or abbreviations in the M&A world. You’ll find answers here.

Carry Back


Carry-back financing is when a seller acts as the lender and carries a promissory note for the purchase of a business. A buyer makes a down payment on the business and then makes regular payments until the balance is paid in full. Also known as a “seller carry-back.”

See Also

Seller financing.

Related Resources

Small Business Acquisition Financing

Can I sell my business for all cash?

M&A Seller Financing: A Complete Guide