Recourse finance: Difference between revisions
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imported>Doug Williamson (Layout.) |
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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 | 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. | ||
Revision as of 20:18, 25 June 2016
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.
