Cornerstone Business Solutions > Finance & Accounting > Borrowing Basics

Why Do Lenders Require Collateral?

by | Nov 30, 2015 | Borrowing Basics

Getting an unsecured business loan is nearly impossible these days unless you are tremendously wealthy, a multi-national organization or don’t really need the money. The one exception would be a government bailout. Thus, collateral does matters. However, banks...

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