ROBS, or Rollovers-as-Business-Startups, are a unique way to fund your business without taking on debt or giving up any ownership in your company. This strategy allows you to use funds from an existing retirement account to invest in yourself and your new business. ...
The small business funding option known as ROBS, or Rollover as Business Startups, is a prime lending specialty of Benetrends. But the fundamental question of utilizing this option comes down to a simple query – is ROBS a good idea? Before we begin, understand that...
If you’re looking to start or scale a business, it’s important to have ample funding. Leveraging your 401(k), IRA, or other retirement funds to start or scale a business is a valuable way to use your existing resources without saddling your venture with debt....
When it comes to funding options for your small business, there are many options. For many entrepreneurs, the best option can be found in their 401(k)/IRA. Using retirement fund assets as your primary financing source has several advantages, like not being subject to...
A Rollover as Business Startup, more commonly known as ROBS, is a funding strategy that allows you to take existing qualified retirement funds and turn it into ready cash for your business. While the process isn’t complicated, there are complexities with the initial...
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