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Unsecured Small Business Loans: Easy Financing without Collateral
Perhaps the biggest obstacle when it comes to lending is the issue of collateral. For those with no collateral, loan seeking can be a difficult course. Collateral is essentially some item of value that the loan can be secured against. This is most commonly a home or property, or a vehicle. Essentially, this minimizes the risk posed to the lender, since a lien is placed on the collateral. If the loan ends up defaulting, the loan institution can recover some if not all of their money by putti...
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LinkedIn Recommendation:
Seymour Delaney - Developer at Webron - I'm not sure where to start... Teo brought my business from anarchy to something that is completely automated. I don't have the need for a dozen systems now... just one does everything... Everything custom built, ahead of schedule and under budget. I feel my business is on track to success. Thanks Teo! Keep up the great work! - March 15, 2012, Seymour was Teo's client |
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