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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:
 Karin Carros - Social Media Manager at General Forge and Foundry - I am working with Teo on an relationship management system (RMS) to allow my sales staff and customers to interact through my website. He always comes up with the right questions to make me think through the process and always has great ideas on how the system can handle them. For any RMS project, you can't go wrong with Teo. - March 19, 2012, Karin was Teo's client |
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