Tag Archives: use 401k to buy a business

Small Business Stimulus: SBA Waives 6 months Payments on New SBA Loans

As part of the coronavirus debt relief under the CARES Act, the Small Business Administration will pay 6 months of principal, interest, and any associated fees that borrowers owe for new SBA business loans disbursed prior to September 27, 2020. The relief is available for new 7(a), 504, and Microloans that are fully disbursed prior […]

ROBS 401k Quick Start Guide – 3 Questions You Need to Ask

With our 401K Business Financing plan (also known as Rollovers for Business Startups or ROBS 401K plan), you can tap into your retirement savings to finance your business without paying taxes or penalties. While many entrepreneurs decide that a ROBS 401K plan is the “answer” as they seek to fund the startup or purchase of […]