For over a decade, Guidant’s 401(k) business financing service has helped entrepreneurs fund the small businesses and franchises of their dreams. Through an arrangement called Rollovers for Business Start-ups (ROBS), your clients can invest funds from an eligible retirement account into a business without taking a taxable distribution.
This financing vehicle not only helps your candidates buy businesses, but it can be used for recapitalization purposes as well. It’s also common for clients to use their retirement assets as the down payment on a business loan, allowing them to preserve their liquid cash for later use.
With Guidant at the helm, using retirement funds to buy a business can be easy. Our team of experts has helped more than 10,000 entrepreneurs in all 50 states invest more than $3 billion into small businesses and franchises. We strive to make the journey to financing straightforward for both you and your candidates.
Starting a business debt-free lowers overhead and eliminates risking home equity. Without loan interest to pay, your client can make money sooner rather than later.
Since your client won’t have to take a taxable distribution using this structure, they can save more for retirement.
Unlike the stock market, this is an investment your client can control. Essentially, they’re investing in themselves — and we’re betting that’s a good risk to take.
This tried-and-true structure is a fast, legal funding option that’s been in use since the Employee Retirement Income Security Act became a law in 1974.
Absolutely. The Employee Income Retirement Security Act of 1974 (ERISA) passed the responsibility of retirement saving from the employer to the employee.
Our Senior Counsel Joe Wishcamper hosted a presentation that addresses all of the legalities associated with ROBS on Lawline.com. This presentation is free once you register for an account, and it counts as continuing education credits.
Our money-back guaranteed SBA program offers up to $5 million in business capital.
A faster alternative to SBA loans, this securities-based credit line boasts low interest rates.
Offering up t0 $150,000 with no collateral required, but often at higher interest rates.
A great way to save money on start-up costs by leasing rather than buying equipment.