Health & Fitness
Funding a business purchase or start-up using 401K funds
A little known way to fund a business purchase or start-up
There are many ways for people to finance a business - bank loans, friends and family, equity or angel investors, etc. Β Did you know you can use 401K funds - tax free - to finance the purchase of an existing business or to start a new business ?
Β Β Β Β Benetrends and Guidant are two leaders in this fast growing method to fund a business. Β It is a highly specialized transaction, so be sure to work with an experienced company to avoid any potential surprises.
It may not be the right choice for every person, but may be right for you.