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Old 01-04-2013, 06:45 AM
POPO4995's Avatar
POPO4995 POPO4995 is offline
LawnSite Bronze Member
Join Date: Nov 2005
Location: Northwest Illinois
Posts: 1,178
Business loan vs. line of credit

I want to do some debt consolidation and wondering what avenue would be the best to go down, business loan or business line of credit? Another question I have is can you consolidate vehicle loans into either or do you have to keep them seperate? Any insight to either one or both would be appreciated. I'm going to start calling banks to talk to them but I figured this would be a good place to start! Thanks for any input guys!
2007 Chevy 2500HD Crew Duramax
2002 GMC 2500HD Ext. Cab Duramax
2003 Chevy C4500 Duramax Dump
2008 Chevy Express 3500 Van
2000 Dodge Ram 2500 Reg. Cab
07 Deere 737 (60" 7 IRON)
07 Deere 757 (60" 7 IRON)
07 Deere 757 (60" 7 IRON)
06 Deere 757 (60" 7 IRON)
06 Deere 757 (60" 7 IRON)
14 Deere Z950R (72" 7 IRON)
14 Deere 1025R (60" Autoconnect)
11 Deere 326D Skid Loader
07 Deere G15 (Commercial 36")
01 Deere 455 (60")
11 Haulmark 8.5x22 Enclosed
11 PJ 20' Equipment Trailer
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