Use Your Home Equity To Help Finance Your Business!
It is not uncommon for business owners to require financial help in order to turn their entrepreneurial dreams into reality or to keep an existing company growing or afloat. If you need money to purchase necessary equipment, fund marketing campaigns or cover your payroll, it may be beneficial to take out a small-business loan using your home equity. A small-business loan is not the same as other types of loans, and it’s important to understand how the different loans work before you decide to apply for one.
Many of our customers find that a home equity loan is the cheapest way to finance and fund their business needs.
Often times, the application for a small-business loan through a bank or another institutional lender can be a draining process. It may seem that there is almost an endless amount of information the lender may require from you to even begin your application process without any guarantee of approval. This is why many homeowners choose to apply for a home equity loan to fund a business that they own. The process is simple and in some cases the borrower can receive their loan funds in as little as 48 hours.
Advantages To A Home Equity Loan To Finance Your Business
Quick and easy application process– Banks require verification of all your credentials and details about the business before sanctioning a loan. For a home equity loan the lenders are mostly interested in the value and equity available in your home or property. They are typically not concerned with the details of your business.
Homeowners get approved – As long as you own a home, have enough equity in your home for the loan amount required, and are able to make the repayment obligations, you are more likely to get approved.
Entire amount granted– Banks are known for not agreeing to grant the whole amount requested for a loan. They usually grant only 70% or 80 % of the sum applied for. With a home equity loan you can get up to 80% and in some cases even 90% of the value of your home or property as a loan!
Get approved for a Home Equity Loan to help finance your business today!
Why Work With Us
*Rates start as low as 2.75%
*Rates are subject to change. Terms and conditions may apply.
We pride ourselves on quick, easy & honest service. Our clients always come first.
We specialize in dealing with bad credit & bank declines. We turn a “no” into a “YES!”
*No credit checks. No complicated application.
*Terms and conditions may apply.
Our Customers Love Us
I was in debt and needed help getting back on track. My mortgage agent at Clover Mortgage helped me get approved for a home equity loan to consolidate all of my debt in one small monthly payment. Now I’m saving over $1,000 a month in interest and am left with less debt and more money in my pocket at the end of each month. Thank you Clover!
I’m a self employed independent contractor. I earn a decent income, but when I went to the bank to refinance my home, they denied my application telling me that I didn’t have enough “provable” income to qualify for refinancing my home. When I came to Clover I was almost out of hope. My Mortgage Agent at Clover was caring and professional, and help me get a great rate and flexible terms on full refinance. The whole process took less than 48 hours! I was impressed at how quickly and easily they were able to get me the money and home refinance I needed. Thank you Clover Mortgage, I’m recommending you to everyone I know!!
I had really bad credit, but really wanted to purchase a Condo. When I went to the bank they made me go through a lengthy application process that took weeks, and then they turned me down at the end of it all. When I found Clover Mortgage online, I called them and a friendly Mortgage Agent was able to help me get approved for a mortgage quickly and hassle-free. I got a good rate and now live in a home that I am comfortable in and am able to easily afford my monthly payments.
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my husband and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.
My husband and I found ourselves in a tough situation. Luckily my expert mortgage broker at Clover Mortgage helped us get a fast and easy approval for an amazing rate for refinancing our home. Clover’s service is the best I’ve ever experienced and I’ve been recommending them to all of my family members and friends ever since. Thanks for your help Clover!
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my wife and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.