A home equity loan can either be in form of a fixed-rate loan or an adjustable-rate line of credit. With a fixed-rate home equity loan you receive all of your money in one lump sum and amount of your monthly payment is same for duration of loan term. With an adjustable-rate home equity line of credit you are approved for a credit line amount in which you can draw from as needed. In most cases you will only pay interest on outstanding amount and your interest rate is subject to change. As such your monthly payments may vary depending on outstanding loan amount and interest rate in any given month.

There are many home equity loan lenders online who will lend to people with good or bad credit. You may want to compare rates and programs of several lenders before making your decision to increase your chance of getting best possible deal. Also, consult with your tax advisor to see how much of your home equity loan interest will be tax deductible.

Simple Success for Startup Companies

1. Forget about image. 2. Forget about making a splash in Market. 3. Forget R&D 4. Don't hire anyone until you can no longer expand your growing business without potential employee's help. 5. Get least expensive quarters you can find...then stay there until your successfully growing business is pushing out walls. If quarters aren't "pretty," remind yourself of #1 above. 5. Sell your product and use every penny of risk capital to expand your customer base. Making money is your Prime Directive. Once you have consistent revenues, I'd be interested in helping you increase your earnings by taking you public and funding your acquisitions.

The Smart Cowardly Angel's Viewpoint

1. Never risk money in a startup company. You can't win. 2. Never loan money to a business. The Risk/Reward Ratio is against lender. 3. Invest only in public companies. They offer any investor a way to recover their risk capital and leverage their profits. 4. Ensure that your Risk Capital is used to increase company sales by buying related private companies that evolve company into being a multinational corporation.

While business is risk, there is no reason to justify gambling against odds. Anyone outside United States, who has a business investment proposal that might appeal to a smart cowardly Angel, should contact me.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]