---
description: A financing arrangement where the seller of a property provides a loan
  to the buyer to facilitate the purchase.
resource: https://pressonify.ai/wiki/vendor-take-back-financing
tags: []
timestamp: '2026-06-25T15:00:00.516489+00:00'
title: Vendor Take-Back (VTB) Financing
type: topic
---

Vendor Take-Back (VTB) financing occurs when a property seller agrees to lend a portion of the purchase price to the buyer, effectively acting as the mortgage lender. This is typically structured as a promissory note or a mortgage registered against the property, allowing the buyer to secure the asset with less immediate third-party capital.

According to a press release published on Pressonify.ai, the landowner of the Goreway Towers project utilized a VTB structure with a two-year term at 5% interest. This mechanism was used to bridge the gap before the closure of a construction loan, reducing the initial equity requirements for investors.
## Related concepts

- [bgi-group-presents-70m-land-residual-transaction-_s8i1ifw](/okf/pr/bgi-group-presents-70m-land-residual-transaction-_s8i1ifw.md)
- [goreway-towers](/okf/topic/goreway-towers.md)
- [bgi-group](/okf/topic/bgi-group.md)