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Old 01-25-2007, 09:53 PM
bizdev bizdev is offline
Assistant Vice President
 
Join Date: Jun 2006
Posts: 32
Re: Funding a Business

A home equity loan is fine if you can get a decent rate.
But be sure you can handle the payment even if you lose the business.
If you are single or don't have kids to worry about, you are in a better position to risk your home. If you are young enough to start over (should it come to that) and confident your business venture is sound, then there is no reason you can't use your home quity.
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