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About Marina Lando
Expertise
How to apply for business loan or start-up loan.

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Business loans, commercial and residential mortgages, private money financing
 
   

You are here:  Experts > Business > Small Business: Canada > Financing -- Loans > collateral question

Financing -- Loans - collateral question


Expert: Marina Lando - 5/11/2006

Question
Can one take a loan against their mutual fund?I mean,use the mutual fund as collateral? Thanks.

Answer
Dear Marla L:

Yes. As long as it is not an IRA, 401K or other retirement fund.

Sincerely,
Marina Lando
Business Loan Quest
www.blquest.biz
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"It is not because things are difficult that we do not dare, it is because we do not dare that they are difficult." --- Seneca  

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