a quick summary:
A WLOC is a set amt of financing that you can access to conduct your business(thus the "working" designation. Although this can be "secured" (collateralized) they can also be obtained by a combination of 1.)track record 2.)business plan and 3.)a good deal of handshaking without being secured.
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a quick summary:
A WLOC is a set amt of financing that you can access to conduct your business(thus the "working" designation. Although this can be "secured" (collateralized) they can also be obtained by a combination of 1.)track record 2.)business plan and 3.)a good deal of handshaking without being secured.
Thanks for the reply!!!!
So are you saying you can possibly get a loan w/o using your home equity?