New Direction Trust Company – Learn more about Private Lending with our featured blog posts.
What is Private Lending?
Self-directed IRA (or HSA) lending allows your IRA to loan money to non-disqualified persons/entities. The IRA receives principal and interest, similar to a bank. The IRA holder chooses the borrower, principal amount, interest rate, length of the term, payment frequency, and amount. The account holder also decides whether or not the note is secured by collateral. Your IRA can also purchase existing notes as assets for the account
About NDTCO
We are a private financial trust based in Louisville, Colorado that provides best-in-class custodial services for more than 50,000 self-directed accounts and holds $3.7 billion in cash and assets for our clients. Our ongoing mission is to provide the education, flexibility, and account management tools investors need to realize that the spectrum of self-directed investments is broader and easier to manage than they think.
You’re likely familiar with the concept of taking out a loan, but did you know you can invest in private lending and hold promissory notes with your retirement account? While you cannot borrow money from your own IRA, just about any other non-disqualified person or business can. A loan from your tax-advantaged plan is no … Read More
Just as retirement investments aren’t confined to Wall Street, individuals and businesses aren’t restricted to banks when looking for financing. Your self-directed IRA, 401(k), or HSA can take advantage of this by “being the bank” and lending money to borrowers of your choosing. Ready to make money on loans with your tax-advantaged dollars? Click here to open … Read More
A promissory note in which your IRA is the lender allows you to create terms that can be favorable to both your IRA and your borrower. One of the key benefits of promissory notes is flexibility. Although your IRA is technically the “lender”, you decide the payment schedule, the interest rate, and what happens if the … Read More
Investments in small businesses have long been considered noble pursuits among their proponents. For some small businesses today, nobility has taken a backseat to necessity. Want to invest in private equity with a self-directed account? Click here to complete our easy online new account application in a matter of minutes! As we continue to navigate the COVID-19 pandemic, … Read More
You cannot borrow money from your own IRA, but just about any other person or business certainly can. Private lending with a self-directed IRA enables you to utilize the business model you know and trust while harnessing a significant degree of control over your retirement. As with almost any investment approach, there are a number … Read More
New Direction Trust Company (“New Direction”) performs the duties of a directed custodian. It does not provide any investment advice, legal advice, or tax advice. New Direction does not undertake any due diligence for you, including with respect to any investment or investment provider featured in this blog post or joint webinar or any other investments that you choose to hold in your New Direction account(s). Any information regarding any investment provider or investments that is contained in this blog post or Webinar was provided by the third-party investment provider. New Direction is not affiliated with, does not control or direct, and has no responsibility over any third-party investment provider or investment, and the inclusion of any investment provider or investment options in this blog post or Webinar does not represent an endorsement or recommendation of the investment provider or investment by New Direction in any way. New Direction does not endorse or recommend any investment provider or investment, including those found in this blog post or Webinar. Information and third-party links contained in this blog post or webinar are provided for informational purposes only, and it is solely the responsibility of investors to perform their own, independent due diligence on any investment opportunity. Investors should consult their own investment, legal, and tax advisors before making any investment choices.
