Business HELOC
A business-purpose home equity line of credit that sits alongside your existing mortgage, so you can access your equity without refinancing away a low first-mortgage rate.
Business HELOCs are secured by your home and are for business purposes only. All lines are subject to credit approval, property valuation, and income verification. Not available in all states. TwinFold Capital is not the lender.
- Property: A home you own (primary residence, second home, or investment property)
- Credit score: 600 minimum
- Line amount: $25,000 – $750,000 based on your equity, credit, and income
- Available in: most states (a funding expert will confirm yours)
Business HELOC: is this right for me?
What is a business HELOC?
A home equity line of credit used for business purposes. It is secured by a home you own, which is why it can offer larger amounts, longer terms, and lower rates than unsecured business financing.
Will it replace my current mortgage?
No. The line is separate from your first mortgage, so your existing loan and its rate are untouched.
Will checking my options affect my credit?
No. Prequalifying uses a soft credit inquiry. A hard credit pull happens only if you choose to continue with a full application.
What kinds of property qualify?
Single-family homes, townhomes, condominiums, planned unit developments, and two- to four-unit properties. Co-ops, manufactured homes, commercial or mixed-use property, and homes currently listed for sale are not eligible.
How quickly can I get the funds?
Many borrowers are funded in as few as five business days. For a primary residence that includes a three-business-day right to cancel before funds are released.
Is it available in my state?
It is available in most states, with limits in some (for example Texas and New York). Apply and a funding expert will confirm what is available for your property.
Borrow against the equity in a home you already own, including second homes and investment properties.
No refinance required. Your existing first mortgage and its rate stay in place.
Checking your prequalified amount does not affect your credit score. A full credit check happens only if you move forward.
Closing costs are included in the line, so nothing is due from you to get funded.
No Hidden Fees
Closing costs are built into the line, with nothing due out of pocket. Prequalifying is a soft credit check only.
TwinFold Capital is your #1 source for securing fast funding
We will be more than happy to answer your questions
3 Easy Steps For Success
This is a standalone line of credit, not a cash-out refinance. Your first mortgage stays exactly as it is, and the line can sit behind an existing first or second lien.
Use the funds to consolidate higher-cost business debt, add working capital, or invest in growth such as equipment, inventory, or a new location.
Repayment is a monthly payment over a long term rather than daily or weekly debits, and rates are typically lower than credit cards or unsecured short-term financing. There are no out-of-pocket costs to close.
See what you prequalify for in seconds with a soft credit inquiry. The application takes about five minutes, closing is done with an online notary in most counties, and funds can arrive in as few as five business days.
No Restrictions
Use the funds for business needs: consolidate debt, add working capital, or invest in growth.