{"id":559277,"date":"2021-11-30T08:29:24","date_gmt":"2021-11-30T13:29:24","guid":{"rendered":"https:\/\/vrgatewaystl.com\/?page_id=559277"},"modified":"2022-02-23T09:27:45","modified_gmt":"2022-02-23T14:27:45","slug":"financing-options","status":"publish","type":"page","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/financing-options\/","title":{"rendered":"Financing Options"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text]\n<h2>There is More Than One Way to Skin the Cat. Here are some examples of ways to purchase the business you want:<\/h2>\n[\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]\n<h4>Common<\/h4>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Cash.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Stocks and Bonds.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Certificates of Deposit.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Gifts\/Loans from family and friends.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Second mortgages and other real estate loans.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Seller financing.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Credit card financing.<\/li>\n<\/ul>\n<\/div>[\/vc_column_text][vc_column_text]\n<h4>Moderately Common<\/h4>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> SBA Financing\/bank loans\/bank lines of credit.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Retirement Accounts.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Borrowing against a different existing business.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Asset sales.<\/li>\n<\/ul>\n<\/div>\n[\/vc_column_text][vc_column_text]\n<h4>Rare<\/h4>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Customer and supplier financing.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Venture capital.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Small business investment companies.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Private placement.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Convertible debt financing.<\/li>\n<\/ul>\n<\/div>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;561554&#8243; img_size=&#8221;full&#8221;][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner][vc_column_inner][vc_column_text css=&#8221;.vc_custom_1645529523478{padding-top: 32px !important;padding-right: 32px !important;padding-bottom: 32px !important;padding-left: 32px !important;background-color: #002f6c !important;}&#8221;]\n<h3 style=\"color: #ffffff; text-align: center;\">USE 401K\/IRA\u2019S TO BUY A BUSINESS WITHOUT PENALTY<\/h3>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;16px&#8221;][vc_column_text]\n<h3>Clarification of Self Directed Retirement Plans<\/h3>\n[\/vc_column_text][vc_column_text]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.[\/vc_column_text][vc_column_text]We thought it a good idea to provide some simple straight talk about the plans and provide a few resources.[\/vc_column_text][vc_column_text]<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Most businesses\/franchises qualify for the use of funds.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> There is no penalty for transferring or using your funds if done correctly.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> Your basis remains intact which is great for today&#8217;s environment.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> You may even secure a &#8220;favorable ruling&#8221; by the IRS, documenting the validity of your transaction.<\/li>\n<\/ul>\n<\/div>\n[\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner equal_height=&#8221;yes&#8221;][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1638545165509{background-image: url(https:\/\/vrbbd.wpengine.com\/vrbbmadison\/wp-content\/uploads\/sites\/20\/2021\/10\/346165-thumb-2.jpg?id=674) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; offset=&#8221;vc_hidden-sm vc_hidden-xs&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1638545179489{padding-top: 32px !important;padding-right: 32px !important;padding-bottom: 32px !important;padding-left: 32px !important;background-color: #002f6c !important;}&#8221;][vc_column_text]\n<h2 style=\"color: #ffffff; text-align: center;\">Are you ready to learn more?<\/h2>\n[\/vc_column_text][vc_column_text]\n<p style=\"text-align: center; color: #ffffff; font-size: 18px;\">Valued Representation by your VR Intermediary will include exploring these and other types of favorable financing options available to you as a qualified buyer.<\/p>\n[\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_btn title=&#8221;Set a Free Consultation&#8221; style=&#8221;outline-custom&#8221; outline_custom_color=&#8221;#ffffff&#8221; outline_custom_hover_background=&#8221;#ffffff&#8221; outline_custom_hover_text=&#8221;#002f6c&#8221; align=&#8221;center&#8221; i_align=&#8221;right&#8221; i_icon_fontawesome=&#8221;fas fa-chevron-right&#8221; add_icon=&#8221;true&#8221; link=&#8221;url:%2Fvrbbgreenbay%2Fset-a-free-consultation%2F|title:Set%20a%20Free%20Consultation&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/4&#8243; offset=&#8221;vc_hidden-sm vc_hidden-xs&#8221; css=&#8221;.vc_custom_1638544993714{margin-left: 16px !important;}&#8221;][vc_widget_sidebar sidebar_id=&#8221;ct-dynamic-sidebar-9d00c1bd394cb3e50a182ef312cad734&#8243;][\/vc_column][\/vc_row][vc_row el_id=&#8221;stopFixedWidget&#8221;][vc_column][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text] There is More Than One Way to Skin the Cat. Here are some examples of ways to purchase the business you want: [\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text] Common [\/vc_column_text][vc_column_text] Moderately Common [\/vc_column_text][vc_column_text] Rare [\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;561554&#8243; img_size=&#8221;full&#8221;][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner][vc_column_inner][vc_column_text css=&#8221;.vc_custom_1645529523478{padding-top: 32px !important;padding-right: 32px !important;padding-bottom: 32px !important;padding-left: 32px !important;background-color: #002f6c !important;}&#8221;] USE 401K\/IRA\u2019S TO BUY A BUSINESS [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":559344,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-559277","page","type-page","status-publish","has-post-thumbnail","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/pages\/559277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/comments?post=559277"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/pages\/559277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media\/559344"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=559277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}