Infinite Banking for Business
IBC Equipment Financing
Infinite banking for business owners and professionals. Learn how you can use the Infinite Banking Concept (IBC) in your business by downloading this free pdf report, IBC Equipment Financing.
Infinite Banking for Business – Using IBC for Equipment Financing
- No Bank Qualifying
- Access to Capital on Your Terms
- Increase Protection and Minimize Risk
- Tax Benefits
Business owners typically appreciate the importance of cash-flow. And, if you have many employees or recurring expenses, then you know having access to capital is key.
As a business owner, you may have experienced that bank qualifying or simply getting a bank loan isn’t that easy, especially in the beginning. Infinite Banking allows you to become your own banker and never have to depend on banks for money.
You can think of IBC as a private line of credit, but you don’t have to qualify once your systems is established. And, you don’t lose the interest you pay… You can recover it through the banking process with significant tax advantages.
Benefits of Infinite Banking for Business
- Liquidity and Flexibility
- Access to Capital
- Finance Business Equipment
- Increase Security and Minimize Risk
- Increase Cash-Flow
- Increase Tax Efficiency
Where the appropriate plan of action would be to sell the business interest, establishing a formal plan for the sale of your business may be one of the most important actions you ever take with respect to your business.
A buy-sell agreement is one way to help ensure the continuation of your business, guarantee a buyer and help make sure your family is taken care of financially.
IBC for Key Employees
An Infinite Banking (IBC) arrangement using life insurance can allow a business to reward key employees.
An IBC program for employees within a business offers:
- Retention of key employees
- Creation of a source for retirement income
- Protection through a death benefit
- Simplified accounting
The business owner can choose who will own the IBC contract in this situation. Perhaps restricting the employee’s ability to use the cash-value through a trial period.
The Infinite Banking Concept™ as outlined in the bestselling book, Becoming Your Own Banker™.
To learn more about IBC business strategies and how they can help your business succeed, contact us for a meeting.