Possible collateral for a loan from a bank
Banks assess creditworthiness and require various collaterals before they grant loans.
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Every bank checks the creditworthiness of an applicant before granting a loan. The bank is interested in the best possible, that is, stable, collateral.
Banks demand collateral
Banks check the creditworthiness of an applicant. Criteria include his education, career path, professional experience, market knowledge, trustworthiness and payment morals, as well as the family situation. The chosen legal form of the company also has an influence on the creditworthiness. If the bank does not already know the customer, it gathers more information.
Possible Collateral
There are many different collaterals for bank loans. These include: