Accessing sufficient funding is a challenge to many people starting up a small business. Without a history of profitability, it can be difficult to secure a traditional business loan from a bank. But you are not limited to using business loans to gain the start-up capital that you need; tapping into your home equity is another valid option.

You can obtain seed money for starting your small business through a Home Equity Loan (HEL), in which you borrow money from the equity that is built in your home. Depending on your credit history, Home Equity Loans can have appealing interest rates, and interest may be tax deductible; for details, check with a certified tax accountant.

America’s Lending Partners helps make the process of accessing your home’s stored-up equity easier. After completing simple form, up to four lenders will present their competitive offers for you to compare and choose the best loan to help you reach your financial goals.

6 Comments

• By Las Vegas Real Estate Guru, September 7, 2007 @ 5:11 pm

  I've always thought the abbreviation for Home Equity Loan should be changed. You can always try to get a home equity line of credit (HELOC) as well. Best bet would be to approach a credit union if you are lucky enough to be a member. They are more apt to listen to you and give you a loan.
• By Las Vegas Real Estate Guru, September 7, 2007 @ 7:11 pm

  I’ve always thought the abbreviation for Home Equity Loan should be changed. You can always try to get a home equity line of credit (HELOC) as well. Best bet would be to approach a credit union if you are lucky enough to be a member. They are more apt to listen to you and give you a loan.
• By Franchises, December 28, 2007 @ 3:07 pm

  Thanks for tip to start a small business.
• By Franchises, December 28, 2007 @ 6:07 pm

  Thanks for tip to start a small business.
• By arunima, May 10, 2011 @ 7:41 am

  I was looking for the best delivery stock tips and came across your site.

  its quite interesting !!

  Thanks for sharing
• By Stock trading tips, September 20, 2011 @ 6:38 am

  nice article provided by you… thanks for sharing such nice information with us..

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