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home > commercial mortgages > rates > articles > types of loans > line of credit Commercial line of credit mortgage loanUse a line of credit mortgage to get yourself a line of credit: a sum of money made available for you to borrow as you desire. A line of credit mortgage is completely super! It can give you a commercial mortgage loan rate that's lower than bank rates for a line of credit. And absolutely lower than a credit card rate. Charmed? Use a line of credit mortgage to float costs....A commercial line of credit mortgage loan can be very useful. If you're running a business, the line of credit this mortgage provides you with can be extremely helpful in floating your monthly costs - like paying your employees and your bills - until your deal closes next month. With a line of credit mortgage loan, you simply use the money made available to you to pay those expenses right away. Then, whenever you're ready, you can pay back the amount you borrowed at a low interest rate. Use line of credit mortgage for emergencies....A line of credit mortgage loan can also come in very useful for unexpected emergencies. Like you get a sudden increase of business from an ad you splurged on and you need to put more phone lines into your office. Or, for some strange reason, your 1993 fax machine bites the dust. Whatever the emergency, good or bad, I'm handy to have around. Get a line of credit today.Fill out the commercial mortgage application. Want to know more about line of credit mortgage loans? Contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-674-0548. << return to types of mortgage loans articles |
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