Best 7 Rollover for Business Startups (ROBS) Providers 2023
A rollover for Business Startups (ROBS) is a financing answer that allows you to start or buy an enterprise with your retirement financial savings in addition to paying an initial withdrawal price or tax penalty. These transactions are difficult and misleading, which is why we use a skilled Rob provider. We are in contrast to great Rob vendors for startup businesses.
| ROBS Provider | Best for |
|---|---|
| Guidant | (Best overall) Businesses that want the highest level of service including free legal consultations |
| FranFund | Entrepreneurs looking to fund a franchise with ROBS or ROBS + SBA loans |
| MySolo401k | Startups looking for the most affordable full-service ROBS option available |
| Benetrends | Startups looking for the provider that has been successfully doing ROBS the longest |
| Pango Financial | Founders interested in exploring and using multiple sources for financing |
| Catchfire Funding | Entrepreneurs who need assistance in selecting a business to purchase |
| Business Funding Trust | Entrepreneurs who plan on being the only employees of their business |
Guidant : Best Composite ROBS Provider
Tips for most entrepreneurs searching for ROBS companies are the best because it meets every ROB transaction more than any other provider and offers even more advanced support at an aggressive fee of $ 4,995. This is the only ROBS company that offers free consultation consultation before signing up.
Frankfand: The best ROB provider for franchisees
Fransfund is run through pre-franchise owners and franchisee is more knowledgeable than its competitors in the neighborhood, making it an excellent ROBs issuer for franchisee businesses. In 2018, there were about 92% Frenchfans franchisees and for $ 4,795, it would work to establish your ROB.
MySolo401k: The Cheapest Affordable ROBS Provider
For the discovery of the cheapest ROBS provider, the fee developed for ROBS with MySolo401k is only $ 4,000 and account security is free for the first year. MySolo401k has experienced compliance officers and legal professionals for the information of all businesses, and if needed, an ROBS transaction for the exterior lawyer’s promise.
Benetrends Financial: Longest Track Record ROBS Provider
Entrepreneurs searching for an efficient ROBS provider can also be affected by Benetrends Financial. Bennetrens is the leader of ROB and has been providing rollover facility for more than 30 years. Experience with ROBS is important because of the compulsory small print to maintain the compliance of IRS and DOL. Bennetrens is worth $ 4,995 for ROBS setup.
Pango Financial: Best for Multiple Financing Options
Pango Financial Enterprises is a ROBS option that is thinking of many varieties of financing. The upfront value of its Dreamscape plan is $ 4,000 and renewal of $ 110 per month. Pango helps financial owners to search for additional funding options, even if they no longer provide them.
