![]() With no repayment obligation, the business is able to keep more of the income in the business which can be very important to a growing startup business. The funds invested in your business do not have to be paid back to your retirement account (i.e., it is not a loan).If you were to withdraw the funds from your retirement account, you will have to pay a 10% penalty (if you are under 59 ½) and income tax which often leaves only 60% or less of the amount withdrawn available to fund your business. You can invest all of your retirement funds in the business without paying taxes or penalties.Benefits of Using Your 401k to Start a Business ![]() If you an aspiring entrepreneur looking for financing to open a Anytime Fitness Franchise, you may want to consider using our ROBS 401K Business Financing plan which allows you to invest your retirement funds in your business without paying taxes or penalties. Use Your 401k to Start a Anytime Fitness Franchise Take 2 minutes to determine if you are eligible for an SBA loan – for no charge, we will obtain fast and frank feedback from our deep and experienced network of SBA lenders: Click HERE to Pre-Qualify for an SBA Small Business Loan.Learn how to use your retirement funds as a down payment to obtain an SBA Loan: SBA Loans and 401k Business Financing (ROBS) FAQs.Click HERE to learn more about the SBA Loan Criteria.Obtain an SBA Loan for a Anytime Fitness Franchise We specialize in helping franchisees use their retirement funds without paying taxes or penalties as well as SBA business loans. ![]() My Solo 401k Financial has helped thousands of entrepreneurs with franchise financing. How can My Solo 401k Financial help me fund a Anytime Fitness Franchise?
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