Industry experience needed for SBA 7(a) and SBA Express Loan
Need a cash infusion
Different funding times exist
No need for collateral or cash infusion
New businesses can apply.
Quick funding (7 to 15 days)
401(k) Funding – commonly called a Rollover as Business Startup (ROBS) or Self-Directed 401(k) – is a very unique non-debt funding opportunity. That’s right! It’s not a loan, it doesn’t have to be repaid, and there is no tax or penalty for using it.
There are many ways for a person who wants to start a business to get money today. Franchise Funding is there for your business from the beginning to the end, helping you with everything from self-directed 401(k) plans to SBA loans, so you can focus on doing the work you love.
It can be challenging to negotiate the funding process on your own, especially as funding possibilities and requirements vary on a daily basis. Franchise Funding Solutions is ready to respond to your inquiries. Here are some of the most frequently asked questions. Visit our FAQ page to see all of our frequently asked questions.
Franchise Funding Solutions is not a sales company. We provide a very high level of customer service to ensure that the design, installation and administration of your new 401(k) plan is done correctly. For most of our clients, this process is largely unfamiliar. Because of that, we view our professional responsibility to our clients as one of our highest priorities.
The governing body of law that allows a 401k Plan to purchase stock in the plan sponsor was passed in 1974. Although retirement plans like this are prevalent with big corporations, their use in small corporations is relatively new. For that reason, your CPA or Attorney may not be aware of it.
Franchise Funding Solutions charges $4,995 to design and install the 401k Profit Sharing Plan. The annual Administration Fee is billed monthly at $120, starting the month after the effective date of the plan.
The average length of time to fund the corporation is 3 to 4 weeks.