DocHub provides all it takes to easily tweak, generate and manage and securely store your Collateral Agreement Template and any other documents online within a single solution. With DocHub, you can avoid document management's time-consuming and resource-intense transactions. By eliminating the need for printing and scanning, our ecologically-friendly solution saves you time and minimizes your paper usage.
As soon as you’ve registered a DocHub account, you can start editing and sharing your Collateral Agreement Template in mere minutes without any prior experience needed. Unlock a variety of advanced editing features to change topic in Collateral Agreement Template. Store your edited Collateral Agreement Template to your account in the cloud, or send it to customers using email, dirrect link, or fax. DocHub enables you to turn your document to popular document types without toggling between programs.
You can now change topic in Collateral Agreement Template in your DocHub account whenever you need and anywhere. Your documents are all stored in one platform, where you can tweak and manage them quickly and effortlessly online. Try it now!
Hey whats going on everybody? Today is Tuesday, August 4th and Im going to be talking about the EIDL loan collateral, and what that means, and what can happen, and how it affects you, and all that jazz. Alright just as a quick background, if you received the EIDL loan if your loan was under $25,000 then you dont have to enter into any collateral agreement with the SBA, which is good, okay. So if your loan is under $25,000 you dont really have to worry about any, most of the stuff Im going to talk about. If your loan is over $25,001 then you are required to enter into a collateral agreement with the SBA and Ill let you know what that means here in a sec. Then if your loan is actually over $200,000 then you also have to be a personal guarantee on the loan. Now, the majority of loans okay, the majority of loans out there are under $200,000 because the SBA did impose a $150,000 cap on these loans. But there were some very, very early on that did make it by before that cap was impose