Use a Home Equity Line of Credit
with a 5-10 year draw period — use the line as start-up capital to get your business up and going
see Account Management Suggestions below

You Know You Have the Talent . . .
plus the experience and know-how to start your own business. But you need some capital. Why not look at the equity in your home equity as a place to start?

You can use your Home Equity Line of Credit as a "Business Starter".

Use it as working capital to:

·  finance your ideas
·  acquire a new computer
·  pay for vendor services
·  maintain a positive cash flow
·  purchase important equipment
·  launch a business web site

And while you're at it:

·  renovate your home office
·  consolidate your personal bills
·  you decide: ________________

Your Home Equity Line lets you become the banker.

Simply advance yourself the capital you need . . . when you need it.

You will pay interest only on the amount you borrow, which interest cost may be fully deducted as a business expense. Consult your tax advisor for information.

Now wouldn't this be a smart way to get your business off the ground. You control the funds ... as you need ... when you need ... without the hassle of convincing the bank or others to extend you funds.

And once your business get going, use your positive cash flow to pay down the account. Just keep your equity line open as an emergency account when times get slow.

Now!, this smart financial management.

How to Manage Business Expenses

Protect your capital spending by using pre-paid cards for retail and online purchases — see example how pre-paid cards can work for you

Use Your Home Equity as a Bank

Become a true banker by using the equity value of your home as start-up capital and to fund other big-ticket events.

By using your home equity as a money account, you can finance items with minimal cost — see our presentation on becoming a banker