Loan secured by real estate
Every entrepreneur knows what a loan is. For those who don’t know, this summarization can explain:
A loan, or credit, is a type of debt. In order to grant a loan, an agreement is drawn up, according to which the lender gives or undertakes to give money or other assets to the borrower or to another person entitled under the contract, while the borrower undertakes to return the money or other assets to the lender under specified conditions.