Debt is a necessary evil when running and building a business. Managing this debt properly requires a suitable strategy.
Thornwood Financial helps business owners understand the long-term affects of their debt and develop strategies to help eliminate it as quickly as possible, sometimes even before current loan terms expire.
When the elimination of debt is not a major concern, we develop strategies to help business owners use debt as a tax mitigation, asset preservation and retirement tool.
The strategies can be complex, the best way to illustrate it is through a case study. Click below for an actual case study that reduced a $1,900,000 debt from a 28-year payoff schedule to a 15-year schedule. This strategy saved the business owner $289,000 in interest and provided a surplus of $232,000 in funds for retirement.
Case study is for illustration purposes only, does not indicated suitability for any particular investor, and should not constitute direct investment or tax advice. Individual results may vary and are not guaranteed.
WISCONSIN 6226 BANKERS ROAD STE 1 MOUNT PLEASANT, WI 53403 (262) 638-0224
FLORIDA THE VILLAGES (352) 224-3082
ILLINOIS 12545 FARM HILL DRIVE HUNTLEY, IL 60142 (847) 999-0700
IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax concepts, therefore you should consult your legal or tax professional regarding the specifics of your particular situation.
Investments in securities are not suitable for all investors. Investments in any security may involve a high degree of risk and should only be considered by investors who can withstand the loss of their investment. Prospective investors should perform their own due diligence carefully and review the “Risk Factors” section of any prospectus, private placement memorandum or offering circular before considering any investment. Securities offered through Concorde Investment Services, LLC (CIS), member FINRA / SIPC. Advisory services offered through Concorde Asset Management, LLC (CAM), an SEC registered investment adviser. Insurance products offered through Concorde Insurance Agency, Inc. (CIA). Thornwood Financial is independent of CIS, CAM and CIA. To access Concorde’s Form Customer Relationship Summary (CRS), please click here.
This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. For additional information, please contact Laura Jocius at [email protected]
This is for informational purposes only, does not constitute as investment advice, and is not legal or tax advice. Please consult the appropriate professional regarding your individual circumstance.