ROBS can even be used in conjunction with other funding methods – use ROBS as the down payment on an SBA loan and get to work with your money even faster.
Guidant Financial is dedicated to helping people succeed in small business. We work with new and existing business owners to provide financing education and customized funding solutions. With over 20,000 businesses funded, more than 15 years of experience, and billions of dollars secured for financing, Guidant is an industry leader in innovative business funding solutions.
How Rollovers as Business Start-ups Working
If you have at least $50,000 in a rollable retirement account, you can use ROBS to start or grow your business. ROBS allows a business owner to move money from their retirement account (such as an IRA or 401(k)) into a new 401(k) account, sponsored by the company being funded. The new 401(k) plan then purchases stock in the private corporation being funded.