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What is "Under Asset"?

An "Under Asset" field in asset details displays all guarantees that the borrower provides a Loan Originator in case of non-repayment. The possible under assets are:

STOCK: The borrower has put the borrower's stock as a collateral for the loan.
PROPERTY: The borrower has put the borrower's property (real estate) as a collateral for the loan.
GUARANTEE: The borrower has provided a guarantee to repay the loan in full from the borrower, its shareholders or partners. The guarantee can be both from a business or personal.
INVOICE: The borrower has passed over a single or a set of invoices duly provided to its customer.
INVOICE AND GUARANTEE: The borrower has passed over a single or a set of invoices duly provided to its customer. On top of the invoices, the borrower has provided a guarantee to repay the loan in full from the borrower, its shareholders or partners. The guarantee can be both from a business or personal.
PROPERTY AND GUARANTEE: The borrower has put the borrower's property (real estate) as a collateral for the loan. On top of the property, the borrower has provided a guarantee to repay the loan in full from the borrower, its shareholders or partners. The guarantee can be both from a business or personal.
INVENTORY AND GUARANTEE: The borrower has put the borrower's inventory (supplies) as a collateral or the inventory (supplies) are owned by the financier and are released as the debt is paid off. On top of inventory (supplies), the borrower has provided a guarantee to repay the loan in full from the borrower, its shareholders or partners. The guarantee can be both from a business or personal.
INVENTORY: The borrower has put the borrower's inventory (supplies) as a collateral or the inventory (supplies) are owned by the financier and are released as the debt is paid off.
 

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