Secured Credit Arrangement

A Secured Credit Arrangement is a financial agreement where the borrower pledges assets as collateral to secure a loan. This collateral reduces the lender's risk, as they have a claim on the asset if the borrower defaults, potentially resulting in lower interest rates and more favorable loan terms for the borrower.

IRI: http://lmss.sali.org/R8qB45AsGZrsWZ5LARtrahR
Branch: Objectives

Also known as

Secured, Secured Loan, Collateral Backed Credit, Collateralized Credit Arrangement, Secured Financing Arrangement, Specialty Finance

Ancestry path

Objectives Transactional Objectives Credit Arrangement

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