Phrases with «sufficient collateral»

The phrase "sufficient collateral" means providing enough valuable assets or property that can be used as a guarantee to secure a loan or debt. It shows that you have something valuable that can be taken if you fail to repay what you owe. Full definition

sufficient (parent phrase)
collateral (parent phrase)

sufficient collateral

Sentences with «sufficient collateral»

The bank looked at a proposed transaction to determine if the buyer could afford the payments, and typically sent an appraiser to see if the home represented sufficient collateral for the loan. (theglobeandmail.com)
It is also likely that your company will be passed over if you are lacking sufficient collateral to secure a loan. (inc.com)
The lender will also check out the home you want to buy with the loan, to ensure the property serves as sufficient collateral. (homebuyinginstitute.com)
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Phrases with «sufficient collateral»

Sentences with «sufficient collateral»

See also