I need to raise 75000 to buy a business, i have a house worth 100.000 with 50.000 mortgage is it possible to remortgage and get 75.000 for business use if so who is a good company to use. TIA
You will need to approach a bank / finance broker who will potentially lend you the money partially secured by way of second charge as well as say a DTI small firms loan guarantee.
You will need to have a good business plan.
You can contact www.allianceandgeneral.com who maybe able to help you.