2nd-mortgage volume rising

The use of homes and other personally owned real estate to finance business activity has risen dramatically. Over the past five years volume of second mortgages on real property has risen 200 percent to $15 billion. An increasing portion of these proceeds are being obtained by small businesses to meet pressing financial need, according to William R. Hobson, president of BA Business Credit Corporation.

You've read  of  free articles. Subscribe to continue.
QR Code to 2nd-mortgage volume rising
Read this article in
https://www.csmonitor.com/1981/1002/100245.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe