Bank loan officers need to consider the type of collateral, and the questions to consider when evaluating different types of collateral, like residential or commercial property, equipment, vehicles, and other kinds of movable assets. This tool helps to organize the process of valuing collateral.
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Collateral Considerations
Bank loan officers need to consider the type of collateral, and the questions to consider when evaluating different types of collateral, like residential or commercial property, equipment, vehicles, and other kinds of movable assets. This tool helps to organize the process of valuing collateral.