Home Equity Line of Credit (Bridge to a Business)
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  1. #1

    Home Equity Line of Credit (Bridge to a Business)

    Good morning!

    I have a merchant looking for
    a HELC as a bridge to get cash
    flow for his business.

    Any company out there that does
    this?!

    Thank you

  2. #2

    Home Equity Line of Credit (Bridge to a Business)

    We have a 24 month business line of credit. It must be secured against real estate, and has interest only daily payments.

  3. #3
    Senior Member Reputation points: 3217 CO1's Avatar
    Join Date
    Apr 2013
    Location
    New York
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    644

    Chris. .what is your interest rates?

  4. #4
    United Capital Source offers programs like that through an affiliate. We go out up to 60 months.

  5. #5
    Thank you Jared,

    I emailed Craig about it.

  6. #6

    Home Equity Line of Credit (Bridge to a Business)

    Perfect thanks

  7. #7
    Jared, please PM me with details of HELC program. Thanks.

  8. #8
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Details.. What state is the property? What's it worth? As a residentially licensed brokerage/correspondent we can assist, but then again nobody makes $ on HELOC's.. If they need a Bridge Loan or a Rehab, feel free to touch base..

    Richard 516510 3855.. rg@businesscapitalconsultants.com

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