How To Fund Your New Business With Your Retirement Account?
How much do you have in your retirement plan? If you have more than $50,000, you should consider a ROBS transaction. A ROBS enables a business owner to tap into their retirement account to fund their business, by using funds coming from a 401K or IRA to buy shares in their company.
How To Fund Your Business With A Personal P2P Loan?
A personal loan via Lending Club or Prosper can offer extremely attractive interest rates compared to taking a business loan our using credit cards for financing. This option is generally only available to individuals with good credit scores.
How To Raise Money From Family and Friends?
Should you take a loan or offer family and friends stock in your company? How much interest should you pay on debt? How should you formalize the arrangement and minimize potential sources of conflict? This article explores these questions.
Where To Find Small Business Loans For Women?
A number of banks do have special programs designed to make it easier for women entrepreneurs (women owning at least 51% of the business) to get loans. This article details some of the major programs being offered.
Where To Find Minority Small Business Grants?
Does the SBA give grants to minority small business owners? This a popular misconception. The SBA does not give grants. However, there are number of governmental and non-governmental programs that do offer minority business owners advantages when competing for new business.
Who is the Best Rollover As A Business Startup (ROBS) Provider?
ROBS are expensive, typically costing around $5,000 to set-up and $1,100 per year to maintain. We compare 4 of the most popular ROBS providers on price and quality of their services.