BUSINESS LOANS - CREDIT LINES

A business owner can use the EQUITY in a business- the sales value of the business- to get a loan and expand, cash out, or take profit.

CREDIT LINES
Credit Lines are loan that can be taken out and have a balance you can draw from.
For example, if you have a business worth $1,000,000.00, you could get an credit line for up to $750,000.00. You only pay on the credit line if you take money from it. If you don't need the cash, save it for the future, and only pay interest on what you borrow.

BUSINESS CREDIT LINES: USES
-EXPAND YOUR BUSINESS
-BUY PROPERTY
-ADVERTISING
-CAPITAL IMPROVEMENTS
-ADVERTISING
-CASH OUT
-TAKE PROFIT