401k Small Business Financing – No Referral Fees Paid to ROBS Promoters

Does MySolo401k.net pay referral fees to franchise promoters?

While many companies pay significant (and often undisclosed) referral fees to franchise promoters or other business brokers, My Solo 401k Financial’s policy is not to pay referral fees in connection with the 401k small business financing retirement arrangement (401kSelfStarter). Not only is the payment of referral fees questionable from an ethical and legal perspective, it typically results in such companies charging higher fees to cover the cost of the referral. In contrast, our policy directly benefits our clients in that it allows us to offer our 401k small business financing services for very competitive prices and often at a significant discount to those companies that pay referral fees.

 

 

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