Business Funding Secrets - Low Collateral Loans
Submitted On 2007-07-03

Collateral is an asset pledged to assure the repayment of a loan. Assets used to collateralize a debt are typically real estate, or equipment. Traditional lenders may require collateral of more than 100% of the loan due to the fact there are expenses when a loan goes into default, and the asset must be repossessed by the lender, and then sold to recoup the amount for the loan and expenses.

Many Clients looking for funding do not have ... For complete article, go to

Target Audience: Business Finance

Tags: Finance consultants, low collateral loans, collateral

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