Selling your business to family, employees or a friendly buyer, and carrying part of the price as a note? PaperItUp sets the terms up right and keeps the record you both trust: every payment confirmed, every covenant on a calendar, and year-end tax schedules ready for your CPA.
When you carry part of the price, your retirement depends on the buyer's payments and on paperwork nobody watches after closing.
A rate below the IRS minimum, terms that clash with the buyer's bank loan, or a lien nobody filed. Problems at signing surface years later.
A late month becomes a skipped quarter. Without a shared record, nobody is sure what's owed, and the conversation gets harder with family or former employees.
Quarterly financials, insurance, and the standby period the buyer's lender requires are promised in the documents, then forgotten.
You report the gain on the installment method every year and the interest separately, and the buyer reports the interest they paid. The numbers should match.
Enter the deal or upload the note. We check the rate against the IRS minimum and build the payment schedule, including any standby period the buyer's lender requires.
The buyer reports each payment and you confirm it, so the record is never one person's word against the other's.
Reminders for quarterly financials, insurance certificates and standby dates, with each delivery logged when it arrives.
Matching interest statements for both sides and your installment-sale schedule for your CPA, plus a payoff figure whenever you need one.
Pass the business to the next generation on terms that are fair to everyone at the table.
Key managers or a group of employees buying over time, with a note you carry.
A trusted competitor, customer or supplier who pays part up front and the rest over time.
Standby periods, subordination terms and the lender's reporting dates kept on one calendar.
Earnouts and adjustments recorded as amendments both sides confirm, so the balance is never in dispute.
If real estate is part of the sale, its note sits in the same record.
See every payment and covenant in one place, without becoming the buyer's bookkeeper or bill collector.
Know exactly what you owe, prove every payment, and get the interest figure your accountant needs.
Clients whose seller notes stay current, and a clean record whenever the bank or the IRS asks.
Refer a client →Join the waitlist today; you won't be charged until setup opens.
Payments confirmed by both sides, covenant and standby reminders, the shared record, and year-end tax schedules for you and the buyer. No setup fee; cancel anytime.
Join the waitlist: $379/yrYou, the buyer, a 50/50 split, or your advisor. Choose at checkout, along with monthly or prepaid billing if you prefer. Whoever pays, both sides keep the same access to the record.
Join the waitlistThe rate checked against the IRS minimum, and the lender's standby terms on the calendar, before closing.
Seller and buyer confirm every payment and covenant on one record, so a conversation never starts with an accusation.
Installment-sale schedules for your CPA, interest figures for the buyer, and a payoff number the day you need it.
What we never do: hold your money, replace your attorney, broker or CPA, or sell your data.
Tell us a little about your sale, and we'll email you as soon as setup opens.
No. Your attorney or broker structures the sale and drafts the note, and your CPA files the returns. We keep the schedule and the record both sides rely on.
No. The buyer pays you directly. We remind, record and confirm; we never hold funds.
Yes. We keep the standby period and reporting dates the lender requires on the calendar, so your note stays in line with the bank's terms. The lender sets those terms; we track them.
Yes. We rebuild the payment history from the note and your records, then keep it current from here.
Each note is $379 a year on auto-renew, with no setup fee and your year-end tax schedules included. Monthly and prepaid billing are available at checkout, and either side can pay, or you can split it. Join the waitlist and we'll email you when setup opens; you won't be charged until then.
Only the people you invite: buyer and seller confirm entries, and your broker, lender or CPA can get read-only access. Records are encrypted, protected by two-step sign-in, and every view is logged. We never sell your data or let AI learn from your documents. How we protect your records