In order to collateralize this Product, securities have been deposited at SIX SIX AG in favour of SIX Swiss Exchange. |
That way, they know the bank has avenues to collateralize your loan with some of your personal assets. |
However, you won't get any money unless you can completely collateralize the loan through your own personal assets. |
From a bank's perspective, this courier service doesn't have assets that can easily collateralize a loan, such as trucks, real property, and inventory. |
These guys are on the margins of solvency all the time anyway, and they don't have a lot of resources to collateralize debts. |
It ruled that the Taipei City Government has to pay back the money within a month, otherwise the department will collateralize its non-public property. |