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As for loan collateral, the S.B.A. and the state are hardly alone in this requirement.
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How, for example, to use art for loan-collateral purposes?
Peer pressure acts as a replacement for traditional loan collateral.
Mr. Vybornov blames diamond traders who pledged diamond stocks as loan collateral for part of the world glut.
For individual loans collateral is required, but for group loans this is not the case.
The People's Bank of China said late Wednesday that on Thursday it would raise by 63-hundredths of a percentage point the interest rate it charges to banks for loans without collateral for maturities of up to one year.
Suntech said that 560 million euros ($686.6 million) in German government bonds, pledged as collateral for loan guarantees provided by the company, might not exist.
Workers often used their houses as collateral for loans.
People can't use their homes as collateral for loans to expand businesses, for example.
Many of those assets are already pledged as collateral for loans.
Garfin had used the stake as collateral for loans that it cannot repay.
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