Collateral for Loans – Fast Action Finance
Collateral Loans also called Collateral for Loans, are loans where the borrower provides Hard Collateral for the lender to hold during the term of the loan. The collateral provided will have to be valued at an amount higher than the amount the lender will lend and there must be an easy method of determining the market value of the collateral. Collateral Loans are typically for about 4 (four) months in duration and do not exceed $25,000.
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