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MILWAUKEE/PEWAUKEE, WI
N27 W23960 Paul Rd Terrace Suite 1
Pewaukee, WI 53072
Phone: (262) 347-2083
Fax: (262) 347-2090
Email This Office
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VR Business Sales|Mergers and Acquisitions
MILWAUKEE/PEWAUKEE, WI
Financing Options
There is More Than One Way to Skin the Cat. Here are some examples of ways to purchase the business you want:
Common:
- Cash
- Stocks and Bonds
- Certificates of Deposit
- Gifts/Loans from family and friends
- Second mortgages and other real estate loans
- Seller financing
- Credit card financing
Moderately Common:
- SBA Financing/bank loans/bank lines of credit
- Retirement Accounts
- Borrowing against a different existing business
- Asset sales
Rare:
- Customer and supplier financing
- Venture capital
- Small business investment companies
- Private placement
- Convertible debt financing
USE 401K/IRA’S TO BUY A BUSINESS
WITHOUT PENALTY
Clarification of Self Directed Retirement Plans
There is a lot is misinformation regarding the use of 401k/IRA funds to buy businesses. Since 1999, many people have availed themselves of these programs. It appears that there are a lot of predators out there offering substandard programs. We thought it a good idea to provide some simple straight talk about the plans and provide a few resources.
ü MOST BUSINESSES/FRANCHISES QUALIFY FOR THE USE OF FUNDS.
ü THERE IS NO PENALTY FOR TRANSFERING OR USING YOUR FUNDS IF DONE CORRECTLY.
ü YOUR BASIS REMAINS INTACT WHICH IS GREAT FOR TODAY’S ENVIRONMENT.
ü YOU MAY EVEN SECURE A “FAVORABLE RULING” BY THE IRS, DOCUMENTING THE VALIDITY OF YOUR TRANSACTION.
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