Seattle260

I don’t have one set up, I’m just exploring financing options. I might have explained it incorrectly, but I thought there was a way to unwind the transaction by buying the stock back at fmv. anyway, I’ve read enough on here to realize it’s not a well thought of transaction and I’ll probably just go convention SBA. Because we rent I need place cash collateral in a separate account. It came out to me having to layout about 42% of my loan as cash injection and cash collateral. I’m just trying to do my due diligence, that’s all. There are quite a lot of folks out there willing to take your money for very little in return. ive talked to a couple of CPAs and business attorneys that were not even familiar with this transaction. thanks all

This might have been asked before but I wasn't able to find this exact question- If I use a ROBS and open up a corporation with $300k, so lets say then my 401K plan gets 300K shares @ $1 each. Fast forward 5 years and now my corporation is worth $600k, so my 401k plan now has 300K shares @ $2 each for a total value of $600k. How do I exit the robs in this scenario? Do I have to pay $600k (assuming the valuation is comes in at that number or close to it)? I'm fairly certain I won't have $600K sitting around. Thanks