Buying or selling a Maryland business? 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. Sale of an asset in which the LLC carrys the loan. You must prepare a sales agreement to sell your business officially. This document allows for the purchase of assets or stock of a corporation. An experienced Maryland business transactions attorney can draft a Purchase and Sale Agreement that is tailored to the individual transaction. We'll discuss seller financing for business and how it works, as well as highlight the pros and cons for both buyers and sellers. Selling a business with debt can present challenges but it is not impossible. Learn how to sell your business with debt here.