The most common corporate loan collaterals are:
Hard collateral: This includes vacant land, machinery, residential, commercial or industrial property
Company assets: This can be current assets, listed/unlisted shares or liquid cash
Promoter provided: The promotors' shares (in the borrowing company or other entities) as well as the promotors' vacant, residential or commercial property fall under this category.
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Written by Yubi Support
Updated over a week ago