Sentences with phrase «loans involve pledging»

Not exact matches

Its economy was destroyed during the Civil War, and took further blows during the Reconstruction era at the hand of «carpetbaggers» from the North, particularly involving Northern banks providing financing to plantation owners who would pledge their land as collateral and often lost that land when they failed to repay the loans as agreed.

The creditworthiness review involves evaluation of the plan of finance, financial model, and feasibility of the anticipated pledged revenue or, in the case of RRIF loans where the proposed collateral is other than a dedicated revenue stream, the sufficiency of such other pledged collateral.