Recourse finance: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| Line 4: | Line 4: | ||
== See also == | == See also == | ||
* [[Factoring]] | * [[Factoring]] | ||
* [[Finance]] | |||
* [[Guarantor]] | * [[Guarantor]] | ||
* [[Limited recourse]] | * [[Limited recourse]] | ||
Latest revision as of 06:35, 11 March 2023
Normally, the lender has the ability to fall back to the guarantor of the loan if the borrower fails to pay, or to collect from the borrower or borrower's assets.
