Results 1 to 9 of 9
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07-01-2022, 04:22 AM #1
- Join Date
- Apr 2022
- Posts
- 18
Collateralized Loan
Anyone use a bank as collateral?
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07-01-2022, 10:00 AM #2
- Join Date
- Nov 2021
- Location
- Brickell Miami FL
- Posts
- 156
You mean use the bank as the guarantor? Like a bank letter of credit?
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07-01-2022, 10:07 AM #3
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 262
deditated wam
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07-01-2022, 09:52 PM #4
- Join Date
- Apr 2022
- Posts
- 18
As in their checking/ saving account as collateral
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07-05-2022, 09:28 AM #5
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07-05-2022, 01:03 PM #6
- Join Date
- Apr 2022
- Posts
- 18
Exactly
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07-05-2022, 02:49 PM #7
- Join Date
- Oct 2016
- Posts
- 4,318
So a cash advance?
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07-05-2022, 03:13 PM #8
Passbook loans — sometimes called pledge savings loans — are a type of secured loan that uses your savings account balance as collateral. These loans are offered by financial institutions, like banks and credit unions, and can be a convenient way to borrow money while rebuilding your credit
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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07-08-2022, 03:07 PM #9
- Join Date
- Sep 2020
- Posts
- 3
At World Business lenders, GSantos@wbl.com, 212.271.8284
Only real estate as collateral. Any type.
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