Business Financing Programs
401K SECURED FINANCING
If you have a 401k, you may qualify for 401k financing. This is financing that you can obtain where you use your 401k as collateral. You can borrow as much as 100% of the value of your 401k. And this uses IRS proven strategies for approval, so you will not pay any tax penalties.
Rates are usually 5% or lower. And you can be approved regardless of personal credit or your cash flow. And, you can keep your 401k like it is, earning interest, while still getting the loan. You will not need other collateral or any cash flow for approval. And your personal credit is not a factor.
This is a great program even for startups. And even if you do not have a 401k, you might have family members, friends, partners, or other investors who may want to supply their 401k as collateral in exchange for equity in your business.
This is a great low-rate, low payment, funding option that you can obtain even as a startup, and perfect for helping others invest in your company.