5 Sep 2023
5 Sep 2023

REFocus - Security Packages

By Brooke McNeil

In the fifth episode of REFocus, Katherine Garner and Brooke McNeil talk about security packages. It is standard for lenders to require security over the borrower and its assets to secure the amount being lent, that way if the borrower fails to repay the loan the lender has other ways of getting its money back.