Using one’s IRA or 401(k) funds to help finance a business almost sounds too good to be true, but DRDA’s BORSA program is legitimate and legal. In fact, DRDA CPA is affiliated with the Better Business Bureau, the International Business Brokers Association, Inc. and the National Association of Government Guaranteed Lenders. DRDA’s affiliation with these three organizations should give the business owner peace of mind.
These three organizations are known for substantiating a business's reputation. Here's a bit about each of them and why having a good standing with each means you can depend on DRDA and the BORSA program.
Better Business Bureau (BBB)
The Better Business Bureau is a familiar name to most of us. You probably know you can contact the BBB if you question the credibility of a business. If there have been previous complaints regarding the company, it will be recorded here. You can also look at a company to verify a positive history with the BBB, and they will tell you whether a business is accredited with them, what their rating is as well as profile information. You can find out if the BBB has received any complaints about that business.
DRDA has been accredited with the BBB since March 2006 and has a satisfactory rating. In fact, the BBB has no reported complaints against DRDA in the three years they've been with the program. This is a wonderful indicator that DRDA is a business you can trust- including the BORSA program.
International Business Brokers Association (IBBA)
The International Business Brokers Association is the world's largest association of business brokers. It is a non-profit association with over 1,800 cooperative business brokers and intermediaries across the world. Members interact through educational programming, certification credentials, networking opportunities, newsletters, member discounts on the bi-annual conference and other member opportunities.
Business brokers help clients who want to either sell or acquire a business. Achieving certification credentials through the IBBA is evidence of a business's ethical practices in business. DRDA's membership in the IBBA speaks directly to the professionalism and expertise of the company. You can rest assured DRDA operates with the highest industry standards, based in its affiliation with the IBBA.
National Association of Government Guaranteed Lenders (NAGGL)
NAGGL provides technical lending assistance to members as they work with clients and 7 (a) lending procedures and policies. They have over 20 years experience working closely with the SBA and members of NAGGL benefit from that relationship. There are ten Regional Liaison Committees across the country to track and respond to local SBA issues readily and efficiently.
DRDA and the BORSA program are further strengthened by their membership in NAGGL. Clients know DRDA is an expert in SBA lending practices, based on their membership in the NAGGL.
DRDA and the BORSA plan might just be the answer you've been looking for to secure legitimate funding for your small business start up or franchise- even in today's economy. Contact an associate today at 281-954-6040 and find out how to finance your small business dreams.
