Security
Security covers the loan collateral framework - the guarantors who co-sign and the pledged assets that back loans, providing the fallback recovery in case of default.
This section covers:
- Guarantors — Guarantors records the individuals or entities who co-guarantee a loan and the amount each underwrites, a cornerstone of group and
- Collateral — Collateral records the assets pledged to secure loans - land, vehicles, equipment, chattels or savings - with valuations and lien
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