If enough businesses default on their loans, OXLC's CLOs will collapse in value fast. (kiplinger.com)
Unfortunately many small businesses defaulted on debt and now many of the larger companies require personal guarantees. (rebuildcreditscores.com)
Collateralizing your small business loan with assets (such as real estate, equipment, or other valuable asset), that can be sold by your lender should your small business default on a loan, is frequently required by traditional lenders like the bank. (ondeck.com)