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business loan and home equity

ferry
ferry Posts: 2,016 Forumite
Part of the Furniture 500 Posts Name Dropper
in Small biz MoneySaving
Just popped in to ask a quickie..am I more likely to get a small business loan if I have loads of equity in my house?

Thanks
:j

Comments

  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    ferry wrote: »
    Just popped in to ask a quickie..am I more likely to get a small business loan if I have loads of equity in my house?

    Thanks

    So long as you AND any other part owner is prepared to put it at risk as security then it can only help.
    The only thing that is constant is change.
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