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What Is a Non-Recourse Loan?
A non-recourse loan is given to clients with high outstanding credit worthiness by financial institutions and does not have recourse if the asset being borrowed against goes down in value. Discover how to qualify for a non-recourse loan with tips from a... More »
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Source: www.ehow.com

en.wikipedia.org/wiki/Recourse_debt

Recourse debt is a debt that is backed by collateral from the borrower. Also known as a recourse loan, this type of debt allows the lender to collect from the ...

www.investopedia.com/ask/answers/08/nonrecourse-loan-vs-recourse-loan.asp

Jun 8, 2017 ... The essential difference between a recourse and non-recourse loan has to do with which assets a lender can go after if a borrower fails to ...

www.investopedia.com/terms/r/recourse-loan.asp

A type of loan that allows a lender to seek financial damages if the borrower fails ... A recourse loan allows the lender to go after the debtor's assets that were not ...

www.investopedia.com/terms/r/recourse.asp

Recourse loans are distinct from non-recourse loans, which limit the lender to claiming only ... Defined by the International Project Finance Association (IPFA) .

www.businessdictionary.com/definition/recourse-loan.html

Definition of recourse loan: Loan agreement under which a borrower gives an undertaking to repay a debt even if the funded asset (acquired with the loan ...

www.businessdictionary.com/definition/non-recourse-loan.html

Definition of non-recourse loan: Loan agreement under which the collateral securing a loan is the ultimate source of repayment, and the lender cannot hold the ...

apps.irs.gov/app/vita/content/36/36_02_020.jsp

A recourse debt holds the borrower personally liable. All other debt is considered nonrecourse. In general, recourse debt (loans) allows lenders to collect what is ...

financial-dictionary.thefreedictionary.com/Recourse

Term describing a type of loan. If a loan is with recourse, the lender has a the ability has the ability to fall back to the guarantor of the loan if the borrower fails to  ...

www.propertymetrics.com/blog/2015/03/11/recourse-vs-non-recourse-loans

Mar 11, 2015 ... First of all, what do the terms recourse and non-recourse mean? The definition of a recourse loan is a loan where the borrower or guarantors ...