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Home > Security Agreement

Security Agreement

July 31st, 2008 · No Comments

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This document is a great tool for a business loan.  Lenders often feel more confident about a loan if they are given a security interest in the assets of a business. Then, if the borrower does not repay the loan as promised, the lender can take the property the borrower pledged, sell it and use the proceeds to repay (or partially repay) the borrowed amount.

Security Agreement – Get more Business Plans