We can provide you with referrals to financing sources to help you with the acquisition of your desired healthcare business
Buy a Healthcare Care business with your retirement accounts: No penalties
You can easily qualify for this option as it requires no collateral or a high credit score.
The tax laws in the United States prevent savers from dipping into their 401K, IRA, profit-sharing, or annuity plans. In fact, in many states, you’ll lose up to 50% of your funds in taxes and penalties, just for accessing the savings you’ve worked so hard to accumulate. They can be used to purchase a Healthcare Care business.
We will assist you by explaining how you can utilize your retirement plans such as an IRA or 401K plan to obtain a Healthcare business.
Professionals are ready to help you set up this IRS-approved structure to allow you to release the money in your retirement funds and use it for a fresh start in your Healthcare business – without penalty, without taxes, and without debt.
Aside from cash in savings or money market accounts, it is an effective and proven method to fund a business acquisition.
SBA Small Business Loans
A small business administration (SBA) loan is attractive for its easy repayment terms. With low interest and a more extended period to repay the loan, it is a practical option that offers amounts between $75K to $5 million. Setting personal collateral and a credit score of 690+ qualifies you for this excellent loan option to acquire a Healthcare business.
Contact us today and we can arrange for a no-obligation consultation with our approved lenders.