Need a loan? Then you need collateral: banks invariably demand security. If you are the one extending credit, you, too, want a guarantee in return. Or if you are the guarantor, you want to know all the mortgage or pledge conditions. Other questions that come up include: Can banks cancel a loan if they see fit? And in a group of companies, If one of them goes bankrupt, what happens to the credit extended to the rest? What is meant exactly by terms such as subordinated loan, recourse, bank guarantee, several liability and pledge on debtors, and are you really obligated to provide security? And what happens in the case of liquidation or restructuring?
Our specialists regularly assist clients with these and similar questions. Contact us for accurate answers to all your questions about financing and securities.