17:37 Jul 16, 2009 |
Portuguese to English translations [PRO] Law/Patents - Law (general) / BYLAWS | |||||||
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| Selected response from: Kathryn Litherland United States Local time: 05:23 | ||||||
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particularly/especially to give/provide personal guarantees or security interests Explanation: Harder to raise capital than other forms of business ownership- owner may have to give personal guarantee or security over personal assets. ... www.mcleanandco.co.nz/Page16.htm - Em cache - Similares - Club Structures - If you want to borrow money, one of your members will probably need to provide the lender with a personal guarantee or security for the loan. ... www.helpforclubs.org.uk/.../Club Structures.htm |
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particularly the offering of personal guarantees or collateral Explanation: Personal guarantees and collateral are two ways for a small corporation to secure debts: the proprietor agrees with the lender to be personally liable for the debt (even though corporate law would normally shield the owner from personal liability) or else assets are offered as collateral. http://esl.proz.com/kudoz/spanish_to_english/law:_contracts/... "garantías real: (loans made) with or without real estate collateral" "For loans, most banks require either a personal guarantee or specific collateral. A personal guarantee means if your business assets are insufficient, you will use your personal assets to pay back the loan." http://www.toolsforbusiness.info/sources_of_capital/index.cf... "The Role of Collateral and Personal Guarantees in Relationship Lending: Evidence from Japan’s Small Business Loan Market" web.econ.keio.ac.jp/staff/masaya/dl/9thmacroconf/Ono_Uesugi.pdf "15 years ago, I worked for several years as a fund economist, providing loans mainly to SMEs in Africa. Among the borrowing conditions there was one characteristic thing: our fund did not take property as collateral. Alternatives, such as personal guarantees (but many others as well) were acceptable." http://www.communityinvestmentnetwork.org/CDB-L/showthread.p... |
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