Banks and other lenders like to get paid, and one of the best ways they have to ensure that they get paid is requiring collateral to secure payment of money a business borrows. Small-business owners ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct ...

In Announcement 2011-81 (December 12, 2011), the Internal Revenue Service (IRS) granted temporary relief for an indemnity, security interest or other cross-collateralization agreement provided by an ...

Learn how cross-collateralization affects your finances, especially with auto and mortgage loans. Protect yourself by understanding lender practices and key terms.

Cross-collateralization is when one asset secures more than one loan. It’s often used in real estate, business or personal lending to simplify the borrowing process. While cross-collateralization can ...