The Self-Directed IRA (SDIRA) puts you in control of your qualified accounts such as IRA’s, 401(k)’s, 403(b)’s, Keogh’s, SEP’s and more. With a SDIRA you have the flexibility to invest in real estate, mortgages, businesses, franchises, tax liens etc. This gives you, not Wall Street, discretionary control of investment options, whether traditional or non-traditional. A Self-Directed IRA is a retirement plan that allows the account owner to direct investment decisions on behalf of the retirement plan. Basically, an SDIRA is a unique hybrid tool that utilizes a self-directed IRA custodian and a specialized legal structure. With an SDIRA you will have a checkbook, a debit card and all the tools that come along with a business checking account.
The SDIRA owner can use his retirement funds for a multitude of investments providing a higher potential rate of return. All you need to know are the few things you cannot do and the rest is up to your imagination.
Well, after several years of research I’ve finally published my much anticipated E-book. The Midas Guide to Credit and Business Funding is now available by going to: www.bizfunding101.com. And yes I’m pretty excited. The hard launch was Monday and we’ve sold five books so far.
The book is broken into three sections. The first section talks about both business and personal credit and dispels all myths about each. Loaded with nothing but the facts and what you need to have to enjoy perfect personal and business credit. The second section reveals all loan products available to a small biz owner. In laymans terms, I describe each and every product so you can make an educated decision as to how and where you fit. The third section is about something no one has ever written. You all know I’m a loan broker. I charge fees! Those fees can sometimes be hard to swallow. With this guide I am providing the exact model I use to get people funded every day. I tell you everything you need in your funding package and I give you two hours of personal counseling on picking a product and getting funded. This sounds mundane but what if you could get the money you need and not have to pay thousands in broker fees?
These are challenging financial times. The days of walking into a bank and receiving a line of credit by simply applying are gone. At least for the foreseeable future. But you still need money and it’s time to explore alternative options. Today’s post is about a quick and easy method to obtain funding that you are going to initially shy away from. But read on. Business credit cards are a viable way to infuse cash into your business. Yes, they are “credit cards”. No, “credit card” is not a four letter word. At least not in this case.
Business credit cards are identical to personal credit cards with a few differences. As far as applying, the application is the same, except with a business credit card you must add your business information including your EIN. Your approval is still mainly based on your personal credit score but business information is taken into account. That’s it. Upon approval you will receive instant access to as much as $50,000.