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  1. #1

    Pension Advance?

    Hello,

    We had a merchant asking for a pension advance. Is this a thing still? Or were all the companies that used to do this shut down?

    Thank you in advance for anyone who has any information on this.
    Alamo Funding Corporation

    Cell Phone: (817) 888-4491
    Email: cole@alamofunding.com
    Website: http://alamofunding.com/

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    I know a guy who does 401k advances....

    Didn't the government waive the penalty?

    Don't know if they are still around.

    Ralph Nilssen
    Business Development Officer
    Direct & Text: (425) 326-4618
    Email: ralph@guidantfinancial.com
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Thanks for the advice. I'll see if he has 401k
    Alamo Funding Corporation

    Cell Phone: (817) 888-4491
    Email: cole@alamofunding.com
    Website: http://alamofunding.com/

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