How does a secured loan work? and Instant Payday Loan Online

How does a secured loan work?

I'm looking to start up a business, and borrowing money from my dad. He has the liquid, would a secured loan be good or a business loan?
10k loan, he has the funds I just need it for 6 months or less. It will be paid in full then.


loan best answer:

Answer by annah618
A secured loan means that you give that person the right to take something of yours that has value, if you don't pay. Usually it's a house or real property.

If you don't know what a secured loan is, you should probably not be trying to start your own business until you have a little more business knowledge.

loan

Instant Payday Loan Online


Image by Match Financial
www.matchfinancial.com/

---

Orignal From: How does a secured loan work? and Instant Payday Loan Online