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Begin Your Entrepreneurial Journey With Worry-Free Business Financing Through Your 401(k)/IRA

401(k)/IRA Business Funding

You’re ready to begin your dream of opening a business, but you’re hesitant to take out a small business loan and pay interest on it. Fortunately, there’s another alternative. You have the option to use your 401(k) to start a business – without paying  upfront taxes or early withdrawal penalties.

Secure Small Business Financing Using Funds From Your Retirement Account

 The visionary Rainmaker Plan®, also known as ROBS (Rollover as Business Start-Ups), was pioneered by Benetrends Financial in 1983. It has helped thousands of entrepreneurs like you receive funding in a manner that is safe, effective and legal. It’s also quick – many receive their funding in as little as 10 business days.

Navigate Small Business Financing With Ease

With The Rainmaker Plan, you’re able to grow and succeed in business quickly. What’s more, the absence of debt and monthly payments means you’re also poised to thrive over the long term.

You still need to pay your bills and living expenses while you are starting out. That’s why our plan enables you to take a salary once you form an active business. 

You're Not Alone, Even After You Receive Funding

At Benetrends, we partner with you, rooting for your success – for as long as you need us. Here are just a few of the ways you receive the best service in the industry from Benetrends:
  • In-house team of certified professionals – no subcontractors or outsourcing of retirement plan services
  • Custom plan designed specifically for you – including 401(k) and profit-sharing options
  • More experience than any other provider, and a knowledgeable team of experts with the most industry certifications
  • Audit Shield protection
  • Assurance in knowing that we’ve NEVER had a plan disqualified!
How 401(k)/IRA Business Funding Works

How To Use Your Retirement Funds
To Start A Business

STEP 1: SET UP A C Corporation

The process begins with establishing a new corporation using the proper legal structure to support the establishment and operation of the company's qualified retirement plan.

STEP 2: Design A New Qualified Retirement Plan

To avoid early withdrawal penalties and preserve tax-deferred status, a new retirement plan is created for which you'll move your existing funds.  We will customize your plan, taking into account the needs of your business and employees.

STEP 3: TRANSFER YOUR RETIREMENT FUNDS INTO THE NEW PLAN

After the corporate retirement plan is in place, you'll need to identify an appropriate plan custodian.  This custodian creates the new account according to the plan's design and specifications. If you're rolling over funds from a 401(k), your plan custodian will work with you to fill out temporary IRA documents, although you will have to initiate the rollover.  If funds are being rolled from an existing IRA, your plan custodian will initiate the movement of those funds. 

STEP 4: USE THE RETIREMENT PLAN'S FUNDS FOR YOUR BUSINESS

The rollover funds can now be invested in the newly formed C Corporation by purchasing stock in the corporation. The stock purchased by the plan is credited to your account based on your investment decisions. You have the capital to start, purchase or recapitalize your new small business or franchise. 

What's Your 'Fundability'?
Getting Pre-Qualified for funding is a great first step to owning your own business or franchise. 
To get an idea of the amount and types of funding that may be
available to you, try our Funding Calculator.

PuroClean Franchisee

"This outfit is A+! . . . Every step was clearly communicated and there was never a question as to what was coming next. The entire process was quick and painless.”

testimonial adams Adam S.

Budget Blinds Franchisee

“My experience with Benetrends was very positive as they helped me wade through the legal aspects of funding a franchise. Very professional, and great communication throughout the process!”

testimonial kathyeKathy E.

Thousands Of Small Businesses Have
Secured Funding Through Benetrends
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  • 1180 Welsh Road | Suite 280
    North Wales, Pennsylvania 19454
  • Fax: 866.826.6701
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Our Pledge to You

Our mission is to make every Benetrends client our champion. For over 35 years, our Rainmaker Plan® has been tested and proven to work, providing a means for more than 17,000 entrepreneurs to achieve their dreams of business ownership, creating both jobs and prosperity. We are so confident in the Rainmaker Plan design that we stand fully behind our work, backing every client with our Rainmaker Guarantee.

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Information provided by Benetrends Inc. is not intended to be used as legal or accounting advice, or as the sole basis for investment decisions, nor should it be construed as advice designed to meet the particular needs of an individual investor. Please seek the advice of legal or tax professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
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