Posts Tagged ‘RECOURSE FINANCING’
Non-recourse loan and a recourse loan?
When you borrow money, it’s important to understand what’s at risk. What happens if you fail to repay the loan? If it’s a recourse loan, the lender/ investor can come after you , as apposed to simply going after the collateral (the collateral might be property you purchased with the loan proceeds. With a non-recourse…Read More