Recent content by bbamx

I bought an existing business and since I'm new to it, no banks will touch me. I also put the business on credit cards, so when they see the debt, they run. I've been chipping away at it and using some 0% balance transfers but sure would love to tap into a low interest loan.

I have some money in my old employer's 401K plan. I have since started my own company, an SCorp. Is it possible to set up an IRA or 401k at my 1 person company and roll it over into that? I am looking for ways to access the money since biz loans are impossible. If I cash out I lose 30%...