Posts Tagged ‘equity line of credit’
can you use unsecured personal line of credit to finance a small business?
I currently have a small online (home based) retail store. Only after a few months of selling, I see there is a lot of potential to be made. I want to make my next move and that is to expand (order more stocks). So, I was thinking about applying for an unsecured line of credit and use that money to finance my small business? Around 7k to 10k [...]
Anyone can do anything if they are determined and have will! Want me to show you?
My father started a small business in 1993 with 0.00.....no government assistance, no loans other than a home equity line of credit for times in need. This year his company did roughly 8 million dollars. He employs 31 people (most have been with him for 10 years) with generous wages, pays their health insurance in full and provides profit sharing [...]
I have a home(appraised @ $425,000, a mortgage @ 291,000, credit card debt @ 95,000.?
We have a small business and slow economy that caused all the debt. According to the bank we can't get a equity line of credit because our debt to ratio is too high. So what is our option?
can anyone tell me where to apply for a small business even with fair credit using my equity in my home?
I would like to purchase a mix-use commercial space from the owner. I own all of my inventory. I need help locating a bank or mortgage company willing to work with a self employed entrepreneur. I have a equity line of credit already with a small credit union, however, they do not offer mix-use commercial loans. Can someone out there please help to [...]
What refinancing options should I choose?
Ok here is my situation. I purchased a foreclosed home in Mid-February and put 20% down. I have recently used a Home Equity line of Credit as well as my credit card to fix this home up. I have a ten year fixed rate mortgage and realized that I have accumulated enough credit card debt to consider refinancing. I am unsure of how soon I can [...]
