$300,000 Tax Relief Loan
The borrowers had severe long term tax issues that negatively affected their ability to obtain a line of credit to advance their business. National Equity Funding was contacted by their tax attorney to request a $300,000 loan. National Equity Funding procured a business purpose loan on the borrower’s primary residence in 5th position behind two bank loans and two tax liens that now enable the borrowers to expand their business.