- Frees up Capital
- Hedge Against Inflation
- 100% Financing
- Simple Application
- Potential Tax Advantages
- Easy Add-ons and Trade-Ups
- Preserves Credit Lines
- Fixed Payments
- Longer Terms
- No Down Payments
- No Additional Collateral
- No Fees
|
- Reduces Available Credit Lines
- Extensive Documentation
- Extensive Monthly Reporting
- Often Requires Additional Collateral
- Often Requires Down Payment
- Not Flexible
- Negative Impact on Balance Sheet
- Bank Loans can be Cancelled by Lender at anytime
|