Our 401k Financing offers a powerful and flexible way for new or existing businesses and franchises to leverage assets that are currently in a 401 K plan or IRA. In as little as 3 weeks you can invest a portion of your retirement funds in your business, giving you more control over the performance of your retirement plan assets and the working capital you need for business growth.
There are many benefits for 401k financing including that it offers a safe, proven plan based on long-standing provisions of the Internal Revenue Service. You can be approved within 2-3 weeks, and multiple partners can join in and contribute from multiple 401k plans.
You can obtain a working capital line-of-credit up to 100% of what is in your 401k or IRA and secure a rate of 2% or less.
This is a great funding option for anyone with an existing 401k or IRA who want to use those funds to start or grow a business.