Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

FranFund 401(k) business funding review

Get access to your retirement funds in just 10 days to finance your startup.

  • Best for entrepreneurs looking to rollover funds fast — it can take just 10 days with FranFund.
  • Pick something else if you want to find out what rates you prequalify for without a hard credit check.
No reviews yet. Write a review


Requirements$50,000+ in a rollable, pretax retirement account; structured as a C corporation that’s operational; owner of the retirement funds is an active employee

First, do I qualify?

To qualify for 401(k) financing with FranFund, you need to meet requirements that are typical of any ROBS plan.

  • At least $50,000 in a rollable, pre-tax retirement account — like an IRA, 401(k) or 403(b)
  • Structured as a C corporation that’s operational
  • Owner of the retirement funds is an active employee of the business

What makes FranFund unique?

What sets FranFund apart from the crowd is its SafetyNet Program, which moves your money to a new IRA earlier in the process — for free. While typical ROBS plans take 10 to 20 days to rollover your funds, FranFund can finish the process in just 10 days. 

You're assigned a dedicated associate who works with you to make sure the administration of your plan goes smoothly and meets the guidelines of the IRS and Department of Labor (DOL) in case of an audit. 

It also helps you set up your company’s organizational documents, establish a C corporation, open your new retirement plan and more. And it offers special pricing for veterans.


  • Funds may be available within 10 days — faster than other lenders out there
  • Can help you use your newly rolled over funds to apply for an SBA loan
  • Guaranteed protection in case of an audit of the rollover
  • Discounted setup costs for veterans


  • Must have at least $50,000 in a qualifying retirement plan
  • Ongoing costs may not be a good fit for every business type
  • C corporation is required

Compare other business loan options

Name Product Filter Values Loan amount APR Requirements

Fora Financial business loans
Finder Rating: 4.1 / 5: ★★★★★

Fora Financial business loans
$5,000 – $500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.

Lendio business loans
Finder Rating: 4.75 / 5: ★★★★★

Lendio business loans
$500 – $5,000,000
Starting at 6%
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.

OnDeck short-term loans
Finder Rating: 4.6 / 5: ★★★★★

OnDeck short-term loans
$5,000 – $250,000
As low as 35%
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.

National Funding business loans
Finder Rating: 4.75 / 5: ★★★★★

National Funding business loans
$5,000 – $500,000
4% to 8%
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.

Fundbox lines of credit
Finder Rating: 4.2 / 5: ★★★★★

Fundbox lines of credit
$1,000 – $150,000
Not stated
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.

Bitty Advance business cash advances
Finder Rating: 2.8 / 5: ★★★★★

Bitty Advance business cash advances
$2,000 – $25,000
Not applicable
$5,000 monthly bank revenue, 6+ months in business, business bank account open 3+ months, 450+ credit score
With APRs in the triple digits, this is best saved as a last resort.

Compare up to 4 providers

How do I apply?

While you can't directly apply for the FranFund 401(k) financing program through its website, you can schedule a consultation by filling out its Funding assessment form. Follow these steps to get started:

  1. Go to the FranFund website. Click Get started.
  2. Enter your personal information, including marital status, date of birth and if you are a US citizen.
  3. Fill out your business information, including who referred you, whether you own a business, an estimate of the funding amount you need and information about you and your spouse's employment.
  4. Provide financial information, including the totals of your cash accounts, investments, retirement funds, mortgages and revolving credit lines.
  5. Review the information and click Submit.

What documents do I need to apply?

While you won't need to provide verification documents to request a consultation, you should have the following on hand so that you can give FranFund accurate information to work off of:

  • Personal credit score
  • Checking and savings statements
  • Retirement fund statements
  • Current statements for all investments
  • Mortgage document and the current fair market value of your house
  • Statements for any open credit lines

If you’re not sure a ROBS is for you, compare more options with our guide to business loans.


Review by

Kathryn Pomroy was a writer for Finder, specializing in loans. She has written for dozens of major publications, small businesses and many well-known personal finance companies, including LendingTree, Money Crashers, Quickbooks/Intuit, BankRate, LendEDU and more. Kathryn holds a BA in Journalism and drinks super bold coffee while eating peanut butter and honey toast.

Expert review

FranFund offers a Rollovers for Business Startups (ROBS) plan that lets you use qualifying retirement funds to start your business with no debt. It offers a discount on its setup fee for veterans — but even if you don’t qualify, its cost is comparable to similar services.
Its SafetyNet program, which allows you to rollover your funds in as little as 10 days, and its SBA loan tie-in option set FranFund apart from the crowd. Still, if you want the lowest possible rates for setup and maintenance or extended guarantees, FranFund may not be the best fit for your business.
Not sure it’s right for you? Explore other business loan options before you apply.

Ask an expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site