The more drinking water brand new security, more glamorous it is for the lender
It involves researching new guarantee really worth and performance resistant to the loan fine print, and distinguishing one situations otherwise inaccuracies that want interest otherwise step
– Liquidity: Which describes how fast and simply brand new collateral should be sold for the money. Instance, accounts receivable are more liquid than simply index, and you will catalog is far more liquid than gizmos. (more…)