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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:
Scott Dunn - Helping Clients Create Brands and Communications that Build Know, Like and Trust with Their Target Market. - Teo is a true professional. He is very detailed driven and has the ability to provide solutions to problems when others have given up. He knows the value of research and if he does not know an answer, he will do the research to find it. - February 11, 2008, Scott was with another company when working with Teo at Net-Teams, Inc.
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