Am i still competent to bring back a business loan if i own a mortgage?
Answers:
Yes because the business loan is based on the business, not on personal information.
Yes, a business loan and your mortgage are completely separate. You obtaining a business loan depends on your credit.
Whether you can get any type of loan is dependent on your credit history, amount you want to borrow and your credit to debt ratios. It doesn't issue if the debt is a mortgage or for a boat.
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