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How to Use an SBA Loan with a ROBS Plan Gathering enough cash for a down payment for an SBA Loan can be a challenge.  However, there is an innovative way to secure an adequate amount of cash to get approved for a loan. Your 401(k), IRA or other qualified retirement account can be the solution for acquiring...
Understanding SBA Loan Types The U.S. Small Business Administration (SBA) offers an array of loans designed to give entrepreneurs a boost when starting or growing their businesses.  These loans feature favorable interest rates, extended payback terms, and flexibility in use of...
SBA Loans: What They Are and How to Get Them Entrepreneurs are looking for the most economical, sensible, and affordable ways to finance their business ventures. For many business owners, they find able to meet all those goals with funding options made possible by the U.S. Small Business Administration (SBA)....
How to Choose the Right ROBS Funding Provider If you’ve decided that a Rollover as Business Start-Ups (ROBS) strategy is the right way to finance your new business, congratulations! You’re already aware of the benefits of using a ROBS plan to give you fast access to the funds you need to open the doors for your...
The 7 Habits Of Highly Effective People – Plus One More The 7 Habits of Highly Effective People, written by Stephen Covey, was published in 1989. Covey’s best-known book has sold over 25 million copies and inspired everyone from management to independent thinkers to entrepreneurs. The overarching theme of the book is...
Can I Use a Self-Directed 401(k) to Fund My Business? Interested in starting your own business but wondering where the money will come from? You are not alone. For many entrepreneurs, traditional funding mechanisms are not available or viable options. You may not have the credit history or credit score to qualify for a...