Recourse finance: Difference between revisions

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Normally, the lender has the ability to fall back to the guarantor of the loan if the borrower fails to pay or collect from the borrower or borrower's assests.
Normally, the lender has the ability to fall back to the guarantor of the loan if the borrower fails to pay or collect from the borrower or borrower's assests.


== See also ==
== See also ==
* [[Non recourse finance]]
* [[Non recourse finance]]
* [[Recourse]]
* [[Recourse]]

Revision as of 11:29, 22 June 2016

Normally, the lender has the ability to fall back to the guarantor of the loan if the borrower fails to pay or collect from the borrower or borrower's assests.


See also