secured line of credit with cash as collateral

secured line of credit with cash as collateral

Investor · Houston, TX · Member since 2012 · 10 posts · 1 vote

I'm wondering if anyone has secured a line of credit either through a bank or a private lender using cash as collateral. Is there a ratio that banks will lend on based on the amount of collateral? I understand that I would have to have an LLC and provide a personal guarantee but wanted to see if there was such a program.

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