Use Your 401(k) or IRA to Fund Your Business Without Tax or Penalties From the IRS.
If you are starting a home based business or franchise business, buying an existing business, or own a business and need working capital, use a safe, legitimate, proven, non-traditional funding source based on long-standing provisions of the IRS, explore how the TFG Assurance 401K Plan can help you.
The Powerful Advantages Extend Far Beyond the Start-Up Phase of Your Business
- Secure Funding FAST – Typically within three weeks
- Gain business equity and an improved cash flow position from the start
- Accelerate business profitability by managing the amount of debt your new business takes on
- Set aside tax deductible retirement savings up to $54,000 per year
- Tax Deferred Exit Strategy Program when it comes time to sell your business
- Optimize business equity and value
Do you need access to cash to get your venture up and running? We can help your business succeed by obtaining revolving business credit lines on your business’s behalf.
These lines are Unsecured Revolving Business Credit Accounts that for the most part do not report to your personal credit.
Funding ranges between $25K-$100K, with a pre-approval amount within 24 hours and funding, normally within 3-5 weeks
Small Business Administration Loan (SBA)
Government backed loans designed specifically for small businesses to help get their venture up and running quickly. We understand the qualifications needed to obtain SBA backed funding in this current economy.
Your Source For all Your Business & Franchise Funding Needs
From Day One, Tenet Financial Group was a clear favorite for a couple of reasons. First, they stayed in touch on a regular basis. No need for me to chase them down, or play phone tag. They were always available…And now that we have been running the business for a few years, I’d add another large plus.
Their assistance in the administration of our 401(k) plan leaves nothing to chance. It’s easy to follow, they provide direction on a regular basis and their on-line tools make the initial implementation and updates in a snap.”
-Darryl M. Beaverton, OR
“Given the complexities of IRS regulations related to the use of IRA/401k funds for business acquisition purposes, it was critical that I rely on the professionals at Tenet Financial Group to guide me and my financial team through the process.
In addition to the initial purchase transaction, Tenet Financial Group was very diligent in ensuring that my Corporation was properly structured to include the implementation of participation within the plan with my new employees”
Chuck G. Belton, Missouri
“After looking at a number of local options for funding my business, it was clear that Tenet Financial Group was the best option. They were more up to date on the regulations, they took care of every step in the process and they made sure I understood what was going to happen next.
They were even one step ahead of my accountant. It was one less worry for me, and I could get started running my business knowing that the financial structure of my company was set up correctly.”
Mark M. Marietta, Georgia