SBA Loan Calculator
See for yourself what the total cost of funding is when you compare SBA Loans and ROBS funding.
Cost of Funding Comparison:
ROBS 401(k) vs. SBA Loan
Entrepreneurs looking to start or purchase a business typically consider a variety of options for funding their business. Many initially presume an SBA (Small Business Administration) loan is the best option for them. However, once an analysis is done, quite often most of them instead opt for funding through ROBS (Rollover as Business Startup). While ROBS may not be the best option for every situation, it is worthwhile to see a cost analysis of the two options that includes all relevant factors – initial fees, interest rates, monthly and total payments, etc.
|SBA Loan||ROBS 401(k) Financing|
|Loan Period in Yearsp||N/A|
|Annual Interest Ratep||N/A|
|Upfront Payment||$ 4,995|
|Monthly Payment||$||$ 145.00|
Ready to get started?
Contact a Benetrends Financial consultant today to find out your fundability.