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 ...

Richard has more than 30 years of experience in the financial services industry as an advisor, managing director, and director of training and marketing, specializing in Finra exams, investing, and ...

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 ...