A Line of Credit... Just in Case

HELOC Loan

Is it a Good Idea to Get a Home Equity Line of Credit (HELOC)

All it takes is one good idea to generate big results, so you may be wondering whether getting a home equity line of credit for your business or nonprofit is the right catalyst for you. The more you learn about this key business tool will help you decide if it is the best option for […]

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What is an Equity Line of Credit for Your Business

Entrepreneur Mark Cuban says, “Sweat equity is the most valuable equity there is.” While that is of course important, there is another type you should be aware of and that’s an equity line of credit for your business. Every business owner has the right to run your business as you see fit and to compete […]

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You Don’t Need to Get a Home Equity Line of Credit (HELOC) for Your Business

In business, you don’t give up on your dream just because you have a nightmare. To save your business, you may feel desperate enough to risk everything, including your home. However, you don’t need to get a home equity line of credit (HELOC) for your business. While you might have to make sacrifices for your […]

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Is There an Alternative to a Home Equity Line of Credit for My Business

If you are a small business owner, it’s likely that you have (or soon will) go to a bank for a quick business loan. You are then told that the most you can get is a home equity line of credit for your business. This means you must put both your home and your business […]

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Why Using a HELOC Loan for Your Business Isn’t a Good Idea

Linus Pauling said, “The way to get good ideas is to get lots of ideas and then throw the bad ones away.” If you are considering a HELOC loan for your business, you should cast that idea aside, because it is not good for your business. Most good things start as just an idea. For […]

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