Business Personal Property Loan Security (Article 9)

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One purchasing a business may need to give a security interest in the assets of the business in order to obtain a loan.  Also, a business owner with machinery or equipment may want to apply for a loan and may need to give the lender a security interest in such collateral in order to get the loan.  The lender will prepare documents for the borrower to review and sign.  In the event of a later default in payment, the lender has remedies involving taking possession of the security (personal property)

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At Timely Contract, we have local real estate attorneys who have experience throughout Idaho, including: Boise, Post Falls, Coeur d’Alene, Lewiston, Moscow, and Sandpoint.

We also have local real estate attorneys who have experience throughout Montana, including: Missoula, Billings, Bozeman, and Kalispell.

And we have local real estate attorneys who have experience throughout Washington, including: Spokane, Spokane Valley, Liberty Lake, Medical Lake, and Cheney.