Asset-based loans in Georgia offer an alternative route to securing financing. Learn how Griffin Funding can help you get an asset-based loan.Sale of an asset in which the LLC carrys the loan. Yes, you can sell a business with an SBA loan, but not without taking certain important measures. The most crucial measure is obtaining lender approval. You must prepare a sales agreement to sell your business officially. This document allows for the purchase of assets or stock of a corporation. General Questions: What types of entities are on file with the Corporations Division? What type of entity should I form? We'll discuss seller financing for business and how it works, as well as highlight the pros and cons for both buyers and sellers.