creation using your home as security
Some Lenders will allow you to
raise a loan against your home or investment property for the purpose of buying a
Since residential loan
interest rates are cheaper than Business loan interest rates, it is a good way to save
If you already have a home loan
against your home, you can create a split loan so that the business loan is separate with it's own features and
statement for tax purposes.
You must have equity in your
home to be able to use your home as security for you business loan.
Finance Allsorts can assist you with your business