In case your business fails and you can't repay the borrowed money, you will lose your own property. (personalmoneyservice.com)
A bond is a formal contract to repay borrowed money with interest at fixed intervals (ex semi annual, annual, sometimes monthly). (moneycontrol.com)
For example, if the borrower suspects that it will be unable to repay the borrowed money on time and the bank is willing to let the borrower have extra time to pay, the facility agreement will need to be amended to push back the repayment date; if the borrower needs to borrow more money than was originally made available, the facility agreement will need to be amended to increase the commitment. (lawyer-monthly.com)