Are you tired of making do with high interest rates charged by banks whenever you borrow money for your business? If so, then it’s time you took advantage of what cash flow banking has to offer when looking forward to self-financing business expenses and recapture your interest. Thanks to this strategy, you no longer have to worry about the stressful and tedious process of borrowing business loans from traditional financial lending institutions such as banks.
Unfortunately, some business owners are yet to appreciate the numerous benefits that cash flow banking has to offer to their venture. If this sounds like you, then you’ve certainly come to the right place. Keep on reading to find out more.
What is Cash Flow Banking All About?
Just in case you might not know, cash flow banking is a financial strategy that gives individuals and business owners a greater financial control. What is even better, they can self-finance business expenses by capturing the opportunity cost of your dollars using a dividend paying, corporate-owned whole life insurance policy.
How Does Cash Flow Banking Work
It is imperative that you understand how cash flow banking works if you’re to stand a better chance of reaping maximum benefits. To give you a tip of the iceberg, cash flow banking works by using the cash value of dividend-paying whole life insurance as the lending vehicle from which you can borrow money. Through this action, you can operate your own bank and recapture the interest.
The good news is that the participating account is managed so effectively through specific expertise and through low-risk and diverse investments. Furthermore, any surplus yielded can be used to create dividends that are paid out annually to participating shareholders. This is just what you need to take your venture to a whole new level.