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Updated over 6 years ago on . Most recent reply
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Business Line Of Credit To Fund A Deal
Hey,
I am curious if anyone has used a business line of credit to fund a deal before?
I own a business and I get marketed all the time with 50K-100K approved line of credits on the business.
If you have, how do you use it properly and safely?
(I'm a newbie)
Thanks!
Most Popular Reply
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I have LOC and I use it to fund deals all the time.
Try to get an unsecured LOC and you can essentially use it like cash.