San Diego,CA 9/11/2009 5:42:54 AM
Unlock A Qualified Retirement Program To Buy Or Start A Business
Expert SBA Loan Broker offers Free Report
San Diego,CA- SBALoanStore.com and CraigGFrancis.com offers free report on using retirement funds to assist with the down payment for a start-up business or a business purchase financing, particularly when this cash is coupled with the leverage of an SBA loan.
The IRS created a safe harbor a few years ago to help entrepreneurs with the dilemma posed by the high costs of unlocking a retirement fund. Penalties, interest, and taxes can easily top 50%. The safe harbor that the government created is nicknamed the “Rainmaker Program”. The "Rainmaker Program" is good timing for influx of Baby Boomer entrepreneurs that are not ready to retire or that have been downsized in this recession economy.
"We want to get the message out that this is a viable strategy and option for those with retirement funds that want to start or buy a business." says, Craig G. Francis.
The report briefly discusses the strategy of how an entrepreneur can use a qualified retirement fund to tap this source of capital to invest in a business. To download the free report visitors are asked to join the email newsletter. They will receive updates of projects, lending trends and tips on entrepreneurship. Visitors can join the email list at either CraigGFrancis.com or SBALoanStore.comCraig G. Francis is a Commercial and SBA loan broker and owner of Francis Financial, serving the western US region. The SBALOANSTORE's information is applicable to any SBA-guaranteed loan application, as well as other financing requests. Those seeking Craig's help directly can reach him through the website CraigGFrancis.com or SBALOANSTORE.com. For more information or interviews please contact Kamatoy Media Group at press@jugglemail.com or call 619-573-9456.
