{"iri":"https://lexicon.financial/ext/SellerFinancing","label":"Seller Financing","definition":"A portion of the purchase price the seller agrees to be paid over time (typically 1-5 years at 5-8% interest), rather than at close. Common on main-street deals both to bridge valuation gaps and because SBA 7(a) lenders require some seller paper on standby as buyer skin-in-the-game.","license":"https://spdx.org/licenses/MIT","source":"ext","source_url":"https://lexicon.financial/ext/"}