With such rights, land title could be leveraged with a mortgage, used as collateral for a bank loan or sold more easily.
More recently, in 1991, India applied its gold as collateral for a loan with the Bank of Japan and others.
FORBES: End The Euro Zone Crisis Now: Let PIIGS Borrow Against Their Gold
In a shared appreciation restructuring, the lender would take a haircut on the outstanding loan and replace it with a combination of a new loan and a claim on the future appreciation of the collateral.
To get a bank loan Oumarou would have to put up a large amount of collateral.
They were on hook to Credit Suisse for a substantial loan and needed to find a way quickly to boost the collateral value of their assets.
They will want collateral to secure and guarantee a loan.
FORBES: 5 Ways of Funding A Business: How To Get Your Piece Of The Pie
Landow took out a 90% loan against securities he put up as collateral.
FORBES: A Lannister Always Pays His Debts (Or IRS Would Tax Them)
Officially, the SBA says that the absence of collateral should not be justification for declination of a loan application, which is meant to give consideration to low-income entrepreneurs.
FORBES: Credit Scores, Cash Flow and Collateral: Upping the Odds on Your Business's First Bank Loan
But unfortunately he has neither the financial history nor the collateral required by the bank to obtain a personal or commercial loan.
For example, JP Morgan (JPM) or Bank of America (BAC) took in Spanish bonds as collateral that MF Global had just purchased and made a loan that matured concurrently with the bond maturity date.
FORBES: Jon Corzine: Criminal Or Just Plain Old-Fashioned Stupid?
Writing a loan down, on the other hand, means that it stays on the bank's balance sheet at a reduced but perhaps still inflated value, and the collateral backing the loan is not sold.
Many senators voted for the bill because of last-minute additions forcing airlines not to shut down business in small communities and a provision to allow the government to receive airline stock options as collateral for the loan guarantees.
As a result, no SEC regulation precludes McClendon from using his well plan stake as loan collateral.
FORBES: Chesapeake Energy: CEO McClendon Serves Himself First
She applied for a loan equal to the full value of the land but does not put up any collateral.
Suppose that for the first time in history, a firm arises that is willing to loan money to the poor, including those having no collateral.
Investors can typically borrow 50% to 95% of the value of the stocks and bonds they pledge, but if the value of those securities falls below a certain level, brokerages often demand investors immediately pay back the loan or pony up additional collateral.
He entered the program last year when his campaign was strapped for cash, and took a loan using future fundraising -- or the matching funds from the public financing system -- as collateral.
CNN: McCain attacks Obama for opting out of public financing
Meanwhile, to get a bank loan, one must put up 150% to 200% of the face value of the loan in collateral and get three guarantors with good incomes.
Regulators could instruct lenders that the combined maximum loan amount should not exceed 85% of the moving-average value of a property, offered as collateral, over the preceding four to six years.
应用推荐