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What kinds of collateral are used to secure the loans?

Currently, Debitum Network recognizes the following types of collateral:

STOCK: The final borrower has put the company's stock as a collateral for the loan.

GUARANTEE: The final borrower has provided a guarantee to repay the loan in full in case of non-repayment. The guarantee can be both from the company or an individual.

PROPERTY: The final borrower has put the company's or personal property (real estate) as a collateral for the loan.

INVENTORY: The borrower has put the borrower's inventory (supplies) as a collateral or the inventory (supplies) are owned by the financier and are released as the debt is paid off.

INVOICE: The final borrower has passed over a single or set of invoices for services rendered or products provided. The invoice is always the basis for factoring loans.

PROMISSORY NOTE: The final borrower has put a promissory note as a collateral for the loan. Promissory note is financial instrument in which one party promises in writing to pay a determinate sum of money to the other party, either at a fixed or determinable future time or on demand of the payee, under specific terms.

INVOICE AND GUARANTEE: The borrower has passed over a single or a set of invoices duly provided to its customer. On top of the invoices, the final borrower has provided a guarantee to repay the loan in full in case of non-repayment. The guarantee can be both from the company or an individual.

PROPERTY AND GUARANTEE: The borrower has put the borrower's property (real estate) as a collateral for the loan. On top of the property, the final borrower has provided a guarantee to repay the loan in full in case of non-repayment. The guarantee can be both from the company or an individual.

INVENTORY AND GUARANTEE: The final borrower has put the company's inventory (supplies) as a collateral or the inventory (supplies) is owned by the financier and it is released as the debt is paid off. On top of inventory (supplies), the borrower has provided a guarantee to repay the loan in full from the borrower, its shareholders or partners. The guarantee can be both from a business or personal.

 

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* Weighted average interest rate for all historic loans and ABS. Your earnings may be higher or lower than expected. Investing puts your capital at risk. Any indicated historic return does not guarantee the same future performance.