Many Buyers will require that a sale be structured as an Asset Purchase in order to avoid responsibility for prior liabilities or expenses of the business. California asset-based loans use your your assets as income to secure a loan.This is made possible through the EDA Revolving Loan Fund. If you sold business-use property during the year, you had a gain or a loss on the sale. Complete and file Form 4797: Sale of Business Property. Browse 13 Sacramento, CA business opportunities available on BizBuySell. Understanding the escrow process in California is essential for business owners who wish to sell their business. We cover all the details. Payment in full is required within five business days. Payments are made directly to Grant Street, the host of the online auctions.