Is equity release right for your small business?
If you are aged 55+ and need some cash to start a new business, or to fund an existing business, is equity release a viable option? We take a look at how equity release for small business owners works, and the pros and cons of this potential source of funding.
There are of course many ways that you may be able to raise funds for a new or existing business. But when no viable alternatives are available, equity release could be the answer. As well as raising funds for your own business, it may also be a way to provide start-up capital for your children or grandchildren.
So let’s explore some essential information about the viability of equity release for small business funding:
- How does equity release work?
- How can equity release be used for small business funding?
- Pros and cons of equity release for small businesses.
We hope this article will help you understand the issues around equity release and small business funding. Our selected equity release advisers are also available to discuss your circumstances and offer further information and advice.
Just call us on 0800 096 2215 or request a call back and we’ll arrange a no-obligation appointment for you. Alternatively, check your eligibility and get an initial indication of how much tax-free cash you could unlock.