Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects – Bitcoin News – Bitcoin News

Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects – Bitcoin News – Bitcoin News


As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow money for a kitchen remodeling or some other renovation.

Crypto Lending Platform Partners With Construction Company

Many homeowners find it hard to finance home improvement projects that would raise their living standards as they are stuck with the low liquidity of their properties. Applying for a home equity line of credit (HELOC) or other bank loans involves credit checks and approval takes a long time.

Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects

Crypto-asset lending firm Pledge has joined forces with 247pro.com, a construction estimate and management platform, to offer cryptocurrency holders among homeowners quick access to home improvement loans they can take against their
Source…