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But lenders look more kindly on borrowers who offer collateral, such as a house.
If the E.F.S.F. is the vehicle, Finland has demanded that Spain offer collateral.
He refused to offer collateral, but that was never the point.
Previously, it had committed to providing the low-cost liquidity only until mid-January, making loans to banks at 1 percent interest, provided the institutions could offer collateral.
Many banks have transferred credit-card loans to home-equity loans, which are tax-deductible for the borrower and offer collateral for the lender.
In a more positive sign, turnover in secured lending, in which banks offer collateral, increased 8 percent from a year earlier.
Similar(47)
As mentioned previously, microcredit programmes in Bangladesh offer collateral-free credit to their members and also provide a package of support services such as essential healthcare, basic education and social awareness 18 to poor people.
The attitudes of such hardline governments will matter at least as much as those of EU institutions.The Finnish government, which in 2011 refused to back Greece's second bail-out until it was offered collateral, has every reason to be tough: it faces a difficult election in April, and there are few votes to be won by being nice to Greeks.
Here are other areas (this list is by no means exhaustive) where people, businesses and organisations can carry out a great Social Action in return for various type of support/backing from others (assume all other relevant factors such as any rewards and/or a financial returns being offered, collateral if relevant, due diligence, etc are also taken into account by the parties involved).
She did not have papers for her own house, and so could offer no collateral.
Another person briefed on the discussions said American was not having a problem raising financing, because it has enough assets to offer as collateral.
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CEO of Professional Science Editing for Scientists @ prosciediting.com