• Creditors Will Take Liens Against, But Not Lend Money For, Certain Probable Collateral (i.e., Reserves, Real Estate, Blanket Lien on All Assets, Etc.)
• Because of Some Type of Uncertainty or its Speculative Nature the Inclusion as Collateral is Usually as an Abundance of Caution with Little or No Value Assigned to it
• The Real Estate Taken as Collateral Is Not the Reason or Purpose for Making the Loan
• IMPORTANCE TO YOU - An opportunity to save some money