Benetrends 401(k)/IRA Business Funding Reaches a Milestone
Creating Over 85,000 Jobs with $4 Billion in Retirement Assets Invested in America's Small Businesses Owners
401(k)/IRA Business Funding allows an entrepreneur to purchase a business using their retirement savings, tax deferred and penalty free.
North Wales, PA (PRWEB) July 30, 2013 - Benetrends, a trusted leader in franchise and small business funding, reaches a milestone, creating over 85,000 jobs with $4 Billion in retirement assets invested in America's small businesses owners. Benetrends offers a safe, secure and proven approach to access 401(k)/IRA or other types of retirement plans to purchase a small business or franchise. 401(k)/IRA Business Funding has helped over 10,000 entrepreneurs start their business.
Benetrends Chief Executive Officer, Rocco Fiorentino said, “Small Businesses are the backbone of America; it’s critical that business owners get the funding they need so they can start hiring again and open their doors for business. As an alternative to business loans, 401(k)/IRA Business Funding provides business owners with the much needed access to capital.”
“As a result, 401(k)/IRA Business Funding has become an increasingly popular alternative funding strategy, especially when used as a cash injection for a SBA Loan,” explained Dallas Kerley, Chief Development Officer, Benetrends.
The vast majority of Benetrends clients who use their retirement funds are able to purchase their entire business using only a portion of their savings. In addition, they are able to continue contributing to their retirement savings plan and save for the future.
For more information on Benetrends services, please visit http://www.benetrends.com.
Benetrends is the authority in franchise and small business funding, and is acclaimed for its Rainmaker Plan that enables entrepreneurs to use their qualified retirement plan to purchase, or recapitalize a business or franchise, tax deferred and penalty free. Benetrends originated 401(k)/IRA rollover funding helping over 10,000 entrepreneurs in the last 30 years. Benetrends provides a comprehensive suite of small business solutions including SBA Loans, Securities Backed Lines of Credit, Equipment Leasing, Commercial Insurance, Individual and Group Healthcare, Payroll Services and more. To learn more about Benetrends, please visit us at http://www.benetrends.com.