How to Access Equity (HELOC)

[Brian Fouts]

I have a customer that needs some recommendations.

They are in Canada (Chilliwack area I believe).

Have about $2M in equity and would like to pull out 65% of that at prime rate or close to.

They own their business, but don't have any recorded income for past two years as they didn't need any income.  

So their dilemma is getting approval or finding an institution for financing.  

Any suggestions from the BP brain trust?

Thanks