Collateral

The pros and cons of asset finance versus business loans
The pros and cons of asset finance versus business loans

The pros and cons of asset finance versus business loans

Choosing between asset finance and a traditional business loan is simple, it comes down to a business’s cash‑flow needs, collateral availability and desired flexibility. The following provides a bit more detail to help with the considerations. Asset Finance Pros Purchase essential equipment (vehicles, machinery, technology, etc) without draining cash flow. Assets themselves act as collateral,…

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750 400 Lorna Slee
Why are unsecured loans so popular?
Why are unsecured loans so popular?

Why are unsecured loans so popular?

Unsecured loans have gained significant popularity among borrowers due to their accessibility and flexibility. Unlike secured loans, unsecured loans do not require collateral, making them an attractive option for individuals and businesses who may not have valuable assets as collateral. Why choose an unsecured loan? No collateral requirement Borrowers are not obligated to provide assets…

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750 400 Lorna Slee
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