Collateral assignment enables you to use your life insurance as collateral for a loan. This allows you to be approved for a loan if you don’t want to put your other assets at risk. Here is how ...

Collateral is something that backs — or secures — a loan. It makes the loan less risky, because the borrower has skin in the game. With mortgages, the collateral is usually the home that the borrower ...

Learn how cross-collateralization affects your finances, especially with auto and mortgage loans. Protect yourself by understanding lender practices and key terms.

A new company typically must apply for a business loan to begin its operations. Established companies also may seek out business loans to finance a new project or improve an existing venture. However, ...

Accounts receivable represents money customers owe your small business for purchases they made on credit. Some lenders allow you to pledge a portion of your accounts receivable as collateral to help ...

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