Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations.California asset-based loans use your your assets as income to secure a loan. An asset purchase agreement, or asset sale agreement, should contain details about the business, buyer, seller, and assets acquired through the transaction. The allocation of purchase price in asset sale is the process of assigning the total price of a company to assets, such as buildings, trademarks, and loans. After completing each step, the next Add Asset wizard panel appears. You will be asked to enter the asset's purchase date, cost, description, etc. 4. The surge in private credit activity has sparked interest in the private asset-based finance market. The asset purchase agreement checklist identifies what should be considered for buying or selling a company, involving the assets, liabilities, and contracts. Assets and to otherwise carry out the purposes of this Agreement.