Most businesses we know borrow money to maintain or grow their business. If your business is like those of our clients you then need to pay this money back to the lenders at some time. What would happen if you couldn’t operate the business any longer due to ill health? How would this debt be repaid? What plans do you have in place should this eventuality occur?
We believe debt shouldn’t out live the person who created it. As you are a key person in your business what would your lenders do if you weren’t able to continue in it? Our experience in that they will request the loan be repaid? Where will the money come from?
We can provide the cash to eliminate the loan(s) should you suffer a permanent incapacity, a serious accident or illness or pass away. Is this something you and your family would want?