Indy Business Broker: SBA Update

Wednesday, August 26, 2009

SBA Update

Treasury Set to Buy SBA Loans With $15 Billion in Bailout Funds –July 23, 2009
The Treasury Department is finalizing a $15 billion initiative to stimulate lending by the Small Business Administration by using funds from the federal bailout program to buy up SBA loans. After private investors grew reluctant last year about buying SBA loans from the firms that finance them, these firms found themselves weighed down with old loans, which prevented them from funding new loans for small businesses.

Purchase a Business with Your 401k

Why? Because there are NO penalties, that’s right. This 401k Rollover program lets you use your 401k and other retirement funds to invest in a business – TAX AND PENALTY FREE. This is a safe, proven plan based on long standing provisions of the Internal Revenue Service (IRC § 6501). By using pre-tax retirement dollars to fund your business, you gain equity in your business and improve cash flow from day one. Use the funds to receive a salary during startup, while accelerating profitability by eliminating or reducing interest or debt. Application, creation, and funding is fast; typically (2-3 weeks or less). You can even set aside tax deductible retirement savings up to $200,000/yr. The benefits of using your 401k:-Minimize debt-Enhance cash flow-Stimulate business growth-Build equity-Take full advantage of tax benefits

Sunbelt Indiana Business Resource has been, and continues to be, the leading business brokerage in Indiana specializing in the marketing and sale of small and mid-size businesses. Consequently, our clients consider us more than business brokers. We serve as the business intermediary, strategist and advisor, giving us an objectivity that facilitates the entire transaction. As professional advisors, we maximize the market exposure of the business opportunity resulting in a mutually beneficial transaction for both seller and buyer. With more professional brokers on our staff than any other business brokerage in Indiana, the business is assured the maximum confidential exposure to the marketplace. In addition to our national presence through the Sunbelt Network, our extensive network of professional contacts among accountants, attorneys, bankers, venture and entrepreneurial sources also ensures that active buyers in the market are routinely, and in some cases exclusively, referred to us. Sunbelt Indiana Business Resource will provide business sellers a powerful set of solutions and services. In addition to traditional business brokerage, Sunbelt Indiana Business Resource will offer business valuation, equipment appraisal, new franchises, and hotel divestiture services. Buyers will be immediately exposed to in excess of 150 Indiana businesses available for acquisition, in excess of 10,000 businesses nationally, and over 50 franchisors looking to expand in Indiana.
We pledge to continue to provide the highest level of professional acquisition, divestiture, brokerage, and valuation services for Indiana's buyers and sellers.

Indy Business Broker

Wednesday, August 26, 2009

SBA Update

HERBERT HOOVER

Purchase a Business with Your 401k

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