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Updated about 4 years ago, 10/13/2020
Term Life Insurance as Loan Collateral
Good afternoon,
I have a term life insurance policy with which I’m looking to use as leverage (collateral) to purchase a commercial property. Are there any lenders who are easy to work with using this creative lending strategy?
P.S. I hope this doesn’t come off the wrong way, but PLEASE no replies regarding how it’s not a good strategy, I’m only seeking replies from those who know how to get this done.
Thank you! :)