Wednesday, January 6, 2021

Can you cash-out refi a small business like a house?


Can you do a cash-out refi on a business like a house?

Jason Born asks if you can refinance to take cash out of a business like you can with a house?

Good question, especially if a business owner needs to get their hands on some money.

Bankers tend not to like seeing people remove the proceeds of loans being removed from the business.

However, you may be able to do an asset juggle with new financings that might work.

Changing terms of sale though, might be the easiest way to generate more cash.

Watch and learn more here: https://youtu.be/EBGiloDerZ4



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