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Is your business consider a tangible property? What else do they consider when you don't pay an obligation?

Thank you

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Well, generally, the bank considers tangible property equipment you own, cash, all your inventory, real estate whether is yours (personal) or our company.

These can be baid to the lender yo ensure payment of an obligation. In case you don't pay, your good will be sold to fulfill the original contract.

Maybe, if you want to get a bigger picture on the topic, you should check this site out. It's going to help you figure out what else can they consider tangible property depending on the case.

Hope it helps

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