“When you borrow against one of these policies, the loan is collateralized by your own money, you set your own terms, and the cash value continues to grow uninterrupted.”
♫
Said on Entrepreneurs on Fire
“They moved $230,000 into a policy, it compounded immediately, and a later client borrowed $800,000 against several policies while cash value kept growing.”
Entrepreneurs on Fire · How Successful Business Owners Can Become Their Own Source of Financing with Mark Willis
Play from 4:16
4:16
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What was described
Fund a dividend-paying whole life insurance policy with excess cash flow, then borrow policy loans against the cash value for business needs
$230,000 moved from savings; $800,000 borrowed against policies
Said nearby on the same subject
“The typical interest rate on a savings account is so low you need a magnifying glass; cash in a whole life policy grows guaranteed and pays dividends.”
♫
Said on Entrepreneurs on Fire
“I updated all my financial models, added a whole tab on cash flow, and used that to determine how much more cash I need and updated my valuation.”
♫
Said on The Pitch
“If you buy companies at 4x… you’re buying 10 M worth of cash flow… you’ll have cash flow from subsidiaries to fund later deals.”
GB
Giuseppe Balzano
Buyers and Builders ·
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