Summary
A few short years ago, financing was much easier to come by. Before the recession and the decline in real estate values, it was relatively easy to finance a new business venture with a real estate equity line of credit. The banks made it very easy to get an equity loan or line of credit. The approval process was quick, there were not many fees and the payback options were manageable and quite flexible.
Today, those requirements and terms are distant memories as the financing landscape has changed dramatically.See the full content of this document
Extract
3 Ways You Can Borrow
With shrinking real estate prices and reduced equity, applications for home equity lines of credit are under more scrutiny than ever. In many cases, there isn't e...
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