Starting a Business With the Help of a Home Equity Loan

home equity

The experience of starting your own business is full of opportunities, challenges and even more challenges. But to do so requires money and lots of it. Did you know that you can use your home equity to fund a small business venture? In this article, we’re going discuss the pros and cons of such a strategy. Home equity loans have become more popular as property values across the country have increased in the past two years. Since 2007, the use of home equity loans (also known as HELOCs, or home equity line of credit)…

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