Privacy Policy

The Privacy Policy applies to all services provided by this website:

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• Server logs are maintained about your visits, which includes your IP address, date/time of the visit, browser information.
• This website takes appropriate security measures to protect against unauthorized access/alteration of your data.

Random Financial Term

Secured Loan

Many lenders will require some form of security when loaning money. When this happens, it is called a secured loan. The asset being used as collateral for the loan is said to be “securing” the loan. In the event that your small business defaults on the loan, the lender can then claim the collateral and use its fair-market value to offset the unpaid balance.

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