401-K financing are both great options to get the financing your business needs. This type of financing requires that the business owner has a 401k, stock or securities.
​
This type of financing isn’t a loan against, using the 401k, stock or securities as collateral, but simply a movement or change of custodian.

401k Option:

Part 1: Rolling over a non-contributing and qualifying account. Allows for cash out of the half, or $50,000. Whichever is lower.

Part 2: (if applicable) Structure a self-directing IRA for the remaining funds​

Securities Option:

​Requires a movement of stock portfolio to a new custodian. This in turn, will structure a very low-interest rate line of credit not to exceed 90% of the portfolio balance. ($300,000 minimum)

To Qualify:

• Business owner has 401k, Stock or Securities
• Can offer current FULL statement
• No specific personal credit score required

Terms:

• Prime + 2%
• $1995 lender fee (for 401k option)

‍