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Re: artfink post# 137665

Thursday, 06/03/2010 5:14:51 PM

Thursday, June 03, 2010 5:14:51 PM

Post# of 375420
This is a very common type of funding in the business of lending, it is called mousing which simply means leveraging up the quality of the assets, for instance if you were to come in and buy a car i would send you to a mouse house and you would get a signature loan and bring me the monies and we show it as a down payment then the real bank would make the loan because you have some skin or collateral in the game and it reduces the risk for the bank that intends to make the loan.

This is very common in the lending business and yes i do have a lot of experience in these matters and i am very comfortable with what I heard since I believe this is the way it should be done IMO.

I am using an example of how mousing is used for the retail public but it is done in the banking world everyday and they call it leveraging up.

Hope this helps.

T.

All my posts are my own opinion.