Ask the Community
Ask any professional question and get answers from other specialists.
(URL removed due to policy violation. Please contact support for further information.)
The amount of collateral is usually defined by factors like amount of loan, duration of payback, risks assessed in amount of loan taken (type of enterprenuership), etc
It is generally depends on volume of loan and banks terms and conditions. Usually businesses pledge Land or other fixed assets as a collateral as per banks' demand f ... See More
Thanks for invitation, The collateral type are usually specified by the creditor but for any how the collateral value should be for minimum% of the loan value and its muc ... See More