Franchise Connection Group has established a great many relationships throughout the lending industry that will connect you to the nation's largest and most aggressive conventional lenders and Small Business Association that will offer the best possibility of financing. The lenders we refer you to offer complete turnkey services from pre-qualifying to loan applications to securing a commitment and providing ongoing assistance throughout the closing.
Financing solutions can be applied to:
Requirements for funding:
How you might ask, well, Franchise Connection Group has partnered with a firm that specializes in the use of retirement funds, 401(k) or IRA: TAX-FREE, PENALTY-FREE and DEBT-FREE to acquire, start, or grow a business. Best of all, you can also pay yourself a SALARY during the start-up period. This resource was featured in the Wall Street Journal, October 2, 2007 and is IRS approved. What this means is you recieve expert advise and consultation services while setting up a financial windfall that will carry you through the financing of your business and the security of your future. Here are just a few of the highlights.
Have you ever tried to use your retirement funds to deal with life's expenses? If you have, you know the associated expenses, penalites and taxes can be daunting to say the least. Distributions before retirement age can cost you up to 50% in taxes and penalties. But with the Franchise Connection Group Funding Partner you can use the retirement funds you’ve painstakingly saved to start or grow your own business – without taxes or penalties.
A business of your own may well be your best retirement plan. With the Franchise Connection Group Funding Partner, you can use your retirement funds as an initial business investment and build on them year after year. After all, an investment in yourself is an investment you can believe in. The Franchise Connection Group Funding Partner is designed to put you in control by making you the trustee of your own retirement. With this plan you are able to shelter more money than ever before for a greater potential return and continued income during retirement.
Enjoy higher success from the start – The Franchise Connection Group Funding Partner gives you more control by helping you avoid the debt associated with business loans freeing up cash flow. Perhaps that’s why so many current and potential business owners prefer this approach to traditional financing. The Franchise Connection Group Funding Partner also uses this plan in conjunction with traditional and SBA financing to help reduce the amount of your loan, and therefore your loan payments.
Lots of small business owners start out by borrowing against their homes. With the Franchise Connection Group Funding Partner, you can open or grow your business without ever touching the home equity you worked so hard to build.
Using Retirement Funds as Business Capital
It’s a different concept for most people. Money in IRAs and 401(k) plans is thought to be untouchable until retirement. This plan allows you to use it before then and with the blessing of the IRS.
The Franchise Connection Group Funding Partner provides a simple process to invest retirement funds in a new or established business—without distributions, penalties and taxes. As a result, it gives anyone with a qualifying retirement plan a ready source of capital.
Unheard of, perhaps. Unusual, maybe. And undoubtedly nothing to wake up in a sweat about. The idea may raise eyebrows. Yet the Franchise Connection Group Funding Partner is without question an expert in the effective means of employing retirement savings as business capital.