Your English writing platform
Discover LudwigExact(17)
"He posted his property as collateral to secure his appearance," Ms. Bumb said.
The new loan for Athens must be backed by Greek state property as collateral.
Smaller banks are more exposed than big lenders and 75% of small- and medium-sized companies use property as collateral.
Farmers are barred from owning the land they till, complicating future efforts to use property as collateral for loans.
Around 75% of small businesses use commercial property as collateral for loans, so they could face problems with their banks if prices fall too sharply.
Mr. Mateo had lent Mr. Skyllas $3.8 million for a different real estate venture, with Mr. Skyllas's supposed stake in the Lenox Avenue property as collateral, prosecutors said.
Similar(42)
Small-business owners also used their properties as collateral for borrowing: that route is closed to homeowners who are sunk in negative equity.
RFS simply pooled a bunch of properties as collateral for a mortgage bond issue.
If a borrower defaults, a bank can claim back the property used as collateral, but nothing more.
Banks have owned their branches and operational facilities, and prevailed in litigation permitting them to rent out surplus space and receive property pledged as collateral after a default.
I was in deep kimchi, because I had 200,000 game cartridges at $10 apiece being manufactured in Japan, and I'd put up all of my in-laws' property up as collateral.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com