What is alternative collateral?

Answer Collateral is given to ensure repayment of a loan. Traditional forms of collateral, such as property, machinery, equipment and inventory, are giving way to alternative collateral, which can be othe... Read More »

Top Q&A For: What is alternative collateral

Alternative Collateral Sources for Business Loan Startups?

Many new business owners are unable to obtain a conventional commercial loan for their start-up financing. By using an alternative source of collateral, the business owner can get the funds to star... Read More »

What is collateral?

When determining whether or not to grant a loan, banks consider the risk involved or the likelihood that the institution will suffer a loss as a result of lending the money. One way that banks mini... Read More »

How to Use a Car As Collateral?

In the event you need a loan, but are financially leveraged and unable to apply for an unsecured loan, you can use your car as collateral for a credit union, bank or finance company. Loans are easi... Read More »

What is a collateral agreement?

A collateral agreement is an agreement between a person or a business and the government. This type of contract is designed to collect taxes in excess of previous taxes due and is considered an add... Read More »