COLIs are Corporate-Owned Life Insurance contracts owned by Corporations on Top Executives and other Key Business Executives and Associates. Often COLIs are used as a form of Deferred Compensation allowing ownership to be transferred to Insured at some future date e.g. 10 years
Banks are biggest owners of COLI policies because Cash Value is considered a Tier 1 Asset
When growing a business COLIs provide leverage allowing for increased lower-cost Debt Financing
If you need to raise money for growth we should talk about what you can offer before the Big Ask
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