Is a stock purchase or an asset purchase best for your company? What is the Best Way to Acquire a Business in San Diego or Southern California?Seller desires to sell and Buyer desires to purchase certain assets of Seller used in the Business in accordance with the terms and conditions contained herein. The Capital Asset Request Form must be submitted for all requests involving capital assets that are inventoried in the Oracle Fixed Asset Module (OFAM). California asset-based loans use your your assets as income to secure a loan. When we do a Purchase credit memo on a fixed asset it errors out saying the Acquisition cost must be positive. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset.