Should You Free Up Cash for Small Business Investment Through Remortgaging?
Many people remortgage for one of two reasons: they either want to reduce their monthly repayments or pay off their loan sooner. While the latter would offer the small business owner significant benefits in future, the former provides a solid strategy to secure cash for crucial investment right now.
“Houses” by Charles Hutchins (CC BY 2.0)
When is remortgaging a good option for the small business owner?
If you feel it’s time to invest in your business and your current mortgage is coming to the end of its deal, it could be an opportune time to extract cash out of your property to inject into your company.…