Loan guarantees are valuable methods for propping up the value of debt without up-front cash.

Name: Loan guarantees are valuable methods for propping up the value of debt without up-front cash.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Loan guarantees provide a promise to repay a loan if the borrower defaults, which can increase the confidence of lenders and investors in the value of the debt. This can help borrowers obtain financing at more favorable rates without requiring them to pay up-front cash for the guarantee itself.

Loan Guarantees Are Valuable Methods for Propping Up the Value