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Updated over 6 years ago,

User Stats

84
Posts
26
Votes
Thomas Fortune
  • Investor
  • Virginia Beach, VA
26
Votes |
84
Posts

Cash as Collateral for LOC

Thomas Fortune
  • Investor
  • Virginia Beach, VA
Posted

Anyone using cash as collateral for a line of credit? I've got a local bank that will provide LOC that's 2.5x the cash amount (100k in cash gets you a 250k credit line). Curious if others are getting better/worse offers...

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