Business
Loans
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banks and finance house - secured loans.A
loan which is backed by assets belonging to the
borrower in order to decrease the risk assumed by
the lender. The number one asset is property - your home, your office, your farm, your factory. In most cases this is the cheapest type of loan with interest rates on the loan a few percentage points above base rate. There is also no requirement to sell a share of your business. But a high price to pay if the loan is not repaid.
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