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ADVERTISING By: Jack Easterbrook With Halloween just around the corner, join us for a scary story involving a secured lender! Secured lenders take collateral to secure their loans to business customers, and one of the last steps in this process often involves filing a...
By: Serge Filatov, Esq. Standby letters of credit are irrevocable agreements for the payment of money. They function like guarantees of obligations and are usually provided by a bank for the benefit of a beneficiary. Standby letters of credit are governed by Article 5...
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