February 24, 2020
Re-draw on my home loan or use equipment finance for my business?
Our first instinct is to use our home equity to get some business finance - is this the best idea?
Part one in a ten part series of key franchise finance tips!
With rising property prices, many business owners have taken the decision to re-draw directly against their home loan to fund their business.
While each situation is different, doing this comes with some risks.
Dan Toms, Sales Director of Franchise Finance Australia, highlights the problems this can cause.
Learn more from Franchise Finance Australia