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Debt Advice Forums » Business Debt Advice » Business Refinance » If my business has equity in it Can I take cash out if I refinance?

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Old 02-17-2008, 02:49 PM
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Join Date: Feb 2008
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Default If my business has equity in it Can I take cash out if I refinance?
Is it the same as home equity or are the other specifcations?
Can I use the money for personal use or would I have to put it into the business?
Can I use that money to put a down payment on another business?
Thank You
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Old 07-21-2010, 02:19 PM
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Use your equity business to your advantage. If you have built equity in your business, why not make good use of a cash loan from Quicken Loans? Make money from your business, up 90% of the value of your company, with a VA loan if you are a veteran or military spouse.
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