List of 401k Business Funding Companies
With $10,000 and a laptop, David Nilssen and Jeremy Ames started Guidant Financial in the fall of 2003. Our initial desire to help friends use retirement funds to invest in real estate soon evolved into a full-fledged mission to help entrepreneurs realize their dreams of small business ownership. For over a decade, our 401(k) business financing service has helped entrepreneurs fund small businesses and franchises. Through an arrangement called Rollovers for Business Start-ups (ROBS), you can invest your funds from an eligible retirement account into a small business or franchise without taking a taxable distribution or getting a loan. Whether you want to buy an existing business, start one from scratch or grow one you currently have, ROBS could provide a significant part of your capital injection.
MySolo401k Financial helps our clients take control of their retirement money. Our products and services provide our clients the freedom to use their retirement funds to finance their own business, invest in alternative investments such as real estate, private companies, private notes as well as process loans from their 401k. The 401k SelfStarter plan is perfect for entrepreneurs seeking readily available funding capital, especially those looking for interest-free or no hassle business funding sources. Because you directly rollover your IRA or former employer 401k, 403b, Keogh, SEP, SIMPLE, or other eligible account, to your new 401k SelfStarter plan, which then funds your business, you incur no taxes or early distribution penalties.