Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Grow Your Business With the Infinite Banking Concept!

25 Apr 2025 · 0 min

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Richard Canfield explains how to use a life insurance policy as an active business asset. He calls it an effective storage location for flowing capital that funds growth, rather than just sitting on the balance sheet.

What if I want to use the policy to grow my business? Well, the answer is obviously yes. You're not going to go get any asset that's going to sit on the balance sheet on the books of your business that you're going to intentionally purchase with the idea that you're not going to use it to grow the business. You're adding another asset that you're going to be able to utilize as an effective storage location of flowing capital to be able to do the things that you want to grow your business.