Are you considering using home equity to fund your business? Business equipment loans can be hard to obtain from banks and often small business owners have to turn to the equity on their homes as financing without fully understanding the dangers.
Financial risks associated with home equity loans and lines of credit are often not highlighted as clearly as they should be by the big banks. When looking to finance your business, you should always consider a finance option that’s secured against the asset you are purchasing. That way, if you default on the payment, you would only lose the asset, but at least you’d still have a roof over your head.
This eBook outlines the downsides and risks involved with home equity loans. Read our guide now to find out how you can make the right decision for your business financing and your home. Because at GoGetta, we understand when it comes to your home, it pays to do your research.