401(k) Small Business / Retirement Plan Financing
401(k) Small Business Financing Using your existing IRA or 401(k) funds, Our 401(k) Small Business Financing program enables you to invest in a business or franchise without taking a distribution or applying for a loan. The growth of your retirement funds is driven by your success.
Investing in their business or franchise with retirement funds provides the owner an opportunity to build their new venture without taking on debt or taking a distribution. This may result in greater success for such investors and allow their retirement account a chance to reap the rewards of entrepreneurship. Using your IRA or 401(k) Small Business Financing allows an individual to invest their existing IRA or 401(k) into a business or franchise without taking a distribution or applying for a loan.
The advantages of using a 401(k), IRA or other retirement monies to finance your purchase(s) are:
> No debt financing! Minimizing, or even eliminating, payments means more funds can be reinvested back into the business.
> No penalties or distributions! It is an investment in the stock of a company, similar to purchasing stock in a public company. It would not trigger a distribution or any penalties.
> Tax deferred savings! Defer income into a new 401(k) and make a variety of investments.
> Control over retirement growth! Your retirement funds are driven by your success. You control your destiny because you control the rate at which your retirement grows. Why Us? We believe that your success is our success. From providing simple funding solutions for your new business to ongoing education and support, our commitment to you is paramount.
Our clients:
> Work with the recognized leader in small business financing;
> Pay a one-time, all-inclusive set up fee;
> Receive ongoing services from in-house support staff; and
> Leverage the most experienced team in the country to process your transaction.
Our simple five-step process allows us to do the heavy lifting while you focus on your business.
STEP 1 | a new business entity, a corporation, is formed on your behalf.
STEP 2 | we create your new 401(k) plan.
STEP 3 | our staff facilitates rolling your current eligible retirement funds from your existing plans into the new 401(k).
STEP 4 | once the money transfers to the new 401(k), the plan makes an investment into the corporation.
STEP 5 | the corporation, debt-free and cash-rich, can now purchase the business or franchise of its choice.
For more information on all of our options for financing phone Cyrus direct at 425-647-5593.
