You also need a collateral agreement (often called a UCC filing) if the sale includes physical assets. Typically, this involves two documents: a financing agreement (basically a loan document outlining the details and terms of the loan) and a promissory note.An asset purchase agreement (APA) is a legal document that serves as a framework for how business assets will be transferred from the seller to the buyer. Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. Does seller financing defer capital gains? Seller financing can be used to defer capital gains taxes on the sale of a business or property. A land installment contract in Ohio is a form of seller financing defined under the Ohio Revised Code Section 5313.01(A) as follows: A seller financing addendum outlines the terms under which the seller of a property agrees to loan money to the buyer to purchase their property. Does anyone have a template for a creative financing deal? I am purchasing my parent's house, in Ohio, via seller financing.