In this Webinar:
Private lenders are trying to find a way to help the thousands of struggling small business owners as they suffer from a nationwide liquidity crisis prompted by the COVID-19 Outbreak and related shutdowns. Hear from our team of experts about how private lenders are able to provide loans to borrowers secured by their primary residences to help unlock equity in their homes to keep their businesses alive during this uncertain time.
Our attorneys will cover the following key points during this informal webinar:
- Dispelling myths regarding owner occupied business purpose loans
- Providing a summary of states where lenders can make these loans without a license
- Providing best practices when making these types of loans to make sure you are staying compliant