I am curious if anyone has used a business line of credit to fund a deal before?
I own a business and I get marketed all the time with 50K-100K approved line of credits on the business.
If you have, how do you use it properly and safely?
(I'm a newbie)
I have LOC and I use it to fund deals all the time.
Try to get an unsecured LOC and you can essentially use it like cash.
Originally posted by @Austin Freeman :
@Antoine Martel were you given multiple credit cards? Just wondering what the format was like. Thanks!
You can just do an ACH from the LOC to your personal bank account