Breaking News On Your Retirement Funds

SBA announces faster access to retirement funds for business purchases

Breaking News on purchasing a business with retirement funds.


If you planned on using your retirement funds for the down payment or total purchase price of a business but were put off by the extra amount of time it would take we've got GREAT NEWS! 


Thursday, May 7th 2020 the SBA announced that preferred lending partners, known as PLPs, are now able to approve these transactions in-house.


What does this mean to you? No more extensive SBA wait time. 


You can use your retirement funds free of taxes and penalties.
You can now utilize your retirement funds quickly and why not, it's your money! 

Learn more about using your retirement funds tax free.

Immigration Resources

Recent Articles For You

Real estate agent smiles, holding documents, in an empty room with open doors.
October 8, 2025
Is your RICHMOND, VA business ready for M&A, succession, or growth? Discover the 10 critical reasons why a professional valuation is your first, best step.
Businessman in blue suit and glasses, using a tablet near large windows.
September 19, 2025
Don't get caught off guard when buying a business in Virginia. Learn the 7 common mistakes to avoid, from due diligence to financing, and ensure a smooth purchase. Read more now.
Two women in a bright office space discuss documents, one holding a coffee cup.
August 7, 2025
FCBB Richmond: Top 5 reasons investors trust us for small business for sale in Virginia acquisitions—proven track record & local expertise.