Getting a small business loan: I can get the best rate on the loan using what as collateral?

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Getting a small business loan: I can get the best rate on the loan using what as collateral?

2007-03-21 01:49:31 · 3 answers · asked by Anonymous in Business & Finance ➔ Small Business

I just want to know (from a bank's perspective) which FORM of collateral is best for me.

2007-03-21 01:57:23 · update #1

3 answers

Your first born child.

That always works

2007-03-21 07:22:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋

something to secure the loan. If you buy car and own your house you could use the house for collateral. if you don't pay for the car, they take your house because it was collateral.
If you know this Little about it,, don't do it.

2007-03-21 08:54:05 · answer #2 · answered by Jo Blo 6 · 0⤊ 1⤋

http://www.sba.gov

http://www.entrepreneur.com/

2007-03-24 19:50:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋