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Some banks also let you link your checking account to either a personal line of credit or a home equity line of credit. Taking advantage of some courses offered by the government, she prepared a business plan to present to the banks, who were not as enthusiastic about her idea, but did extend her personal line of credit. Without proper financing, many of ``these companies are doing it with a personal line of credit or with a second mortgage on their homes,'' said Martha Diaz Aszkenazy, president of the San Fernando-based Pueblo Contracting Services and chairwoman of the Northeast San Fernando Valley Chamber of Commerce. |
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