Скачать или смотреть Bank Guarantee vs Collateral 💼 | Which Makes Loan Easier?

What is the difference between Collateral and Bank Guarantee?

🏠 Collateral = Physical asset (property, machinery, etc.)
🏦 Bank Guarantee = Bank ka written trust / promise

💡 Loan on Bank Guarantee is easier
because paperwork is less and process is faster.

Explained simply by CA Vikas Jain.

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