A non-recourse loan is a type of debt that's secured by collateral, such as an individual's car, house or another typically illiquid asset. By securing a non-recourse loan, the lender won't have the ...

The coming banking crisis, and suggestions of an incoming bust in commercial real estate, has given rise to some questions about recourse versus non-recourse debt and what impact the differences in ...

Promissory notes are used in a variety of transactions and can be used by small business owners to fund business activities. If your lender requires you to sign the promissory note in your own name, ...

In the world of multifamily financing, a non-recourse loan is considered to be the gold standard for acquisition financing because they are considered to be less risky for the borrower. Typically, ...

Few companies thrive and grow without some kind of outside financing. Acquiring assets, launching projects, expanding into new locations or business sectors -- these all take capital, and lots of it.

Recourse – The borrower (or guarantor) is personally liable for the full amount of the loan, including any debt remaining after the collateral is foreclosed upon and sold. To satisfy the remaining ...

The tune of Jingle Bells is probably still stuck in your mind in the days after Christmas. But around this time a decade ago it was "jingle mail" that was starting to get attention in the US. Jingle ...

In borrowing, there are two types of debts, recourse and nonrecourse. Recourse debt holds the person borrowing money personally liable for the debt. If you default on a recourse loan, the lender will ...