Business Equity Releases
An Equity release is a means of obtaining capital by offering a property as security by 1st or 2nd mortgage where equity is available.
A lump sum of capital can be withdrawn against the value of the property depending on the LVR (Loan to Value Ratio) the lender is comfortable with.
A typical equity release might be for working capital in a business or towards a deposit on another property.
Equity Releases can also be useful to consolidate debts or assist with costs of a significant event.