Private debt investments (also known as promissory notes) allow for you to loan money from your self-directed account to a designated borrower (company or individual) through a promissory note. The note is a written and signed “promise” that the borrower will pay a sum of money back to your account by a certain date. The terms of the note determine the repayment schedule, interest rate, and if the note is secured (has collateral that may be eligible to be claimed in the event of default) or unsecured.
We’ve simplified the process and made it easy for investors like you to quickly initiate investments in Private Debt through the myEQUITY Private Debt Wizard.
Important rules to remember about lending within your qualified account include:
Discover How Note Investing in an IRA Works
This guide uncovers the mechanics of a note investment.GET ACCESS NOW