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What type of collateral is used for term loan?

Accounting Term Loans
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Question added by Adaora Ezeife
Date Posted: 2016/10/18
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MUDASSIR JAVED
by MUDASSIR JAVED , Assistant Manager , IDBI BANK LTD

Its Depend upon the case which  product offer to the  Borrower. Suppose you offer Term loan  for Machinery  Purchase its costing is high then take collateral, Property,Securities.  

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