401k Rollover Business Funding
We assist entrepreneurs looking to use their retirement funds to invest in their own business enterprise or franchise. This funding strategy allows you to buy a franchise, start a business from scratch or buy an existing business without taking a taxable distribution or incurring early withdrawal penalties. You can use your retirement funds, in a compliant manner, to implement or expand your business plan.
Rollover (R.O.B.S.) Funding
We specialize in assisting our clients access their eligible retirement accounts (not all retirement accounts are eligible) to fund the purchase (or expansion ) of a new or existing business or franchise with no tax, no penalty and no payment. We also help analyze whether this strategy can be combined with other sources of business funding.
Business Line of Credit
In our efforts to help startups here at IRA Angel Funding, we offer the 1st Merchants program where you can get a LOC (Business Line of Credit) with No Personal Guarantee requirement.
Use this link,
https://1st.app/Angel, and follow the easy steps.
This link allows you to get an initial Line of Credit from $500 - $10,000 (basically the higher your credit score, the higher your initial line) when you meet the two following requirements:
1. Have a current merchant account or have a need for a merchant account.
2. Be a US resident.
As you will see the line of credit is through a long-term partner, we have worked with for years called 1st Merchants. It has no restrictions, and the line can increase over time. No bank statements or tax returns are needed. With your current credit history, this could add a strong source of emergency funding with the periodic reviews for increases. You will not be turned down if you're with 1st Merchants. We truly aim to help now and in the future.
Remember, this LOC does not require a PG (Personal Guarantee) which is rare in the startup lending industry. There is no Hard-Pull Inquiry to your personal credit so your personal credit score will not drop. You will also start to build your business credit history which will increase your chances for future business funding like a low interest rate, low payment SBA loan, if needed. Call us with any questions.
SBA
SBA guaranteed loans can be used for a variety of business purposes, including starting or expanding an existing business. SBA guaranteed loans are made through our lending partners in compliance with SBA regulations. SBA guaranteed loans can greatly benefit small businesses which need capital for expansion, inventory, buildings, equipment, exporting, and other needs.