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

Stop Transferring Money Away!

24 Apr 2025 · 1 min

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Richard Canfield explains how policy loans work for business owners: borrow against your policy's cash value on demand without reducing the asset itself. He calls it ridiculously simple and frames it as a way to stop transferring money out of your company.

Chapters

A policy loan is ridiculously simple. Get in contact with the insurance company, you can borrow against the ever increasing cash value of the policy on demand and you're not reducing the assets value. That's why for a business owner, it's very appealing to get in motion and to get in the process of implementing as soon as possible. Business owners like a rhythm and they want to get this element of their business into a strong rhythm. If you've ever looked at your income statement and you look at both income and expenses, you are in a constant rhythm of transferring money away from your company permanently.