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How are business loans secured?

How are business loans secured?

Business loans can be secured by business mutual funds, land, equipment, vehicles, inventory, accounts receivable, buildings or other property. Secured loan borrowers enjoy lower payments and longer repayment periods as compared to unsecured, collateral-free loans. The unsecured business loan decision is largely based on credit scores or the owner’s past habits in repaying loans.

 

 

 


First Financial

First Financial ® Corporate Headquarters 2850 Womble Road Suite 100-604 San Diego, CA 92106

Client Service Center: Main: 1-800-315-7791 Fax: 1-800-215-0217 (Monday–Friday 5:00am–6:00pm Pacific or 8:00am–9:00pm Eastern)

Merchant Services / High Risk Merchant Accounts: 1-800-950-0212 Fax: 1-800-215-0217

 

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