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e8e345bc1f9cccf29acf1692e019a71e34644f63.docx r Activity 5 When taking out a business loan a lender will often want to secure the loan in the form of an asset.

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e8e345bc1f9cccf29acf1692e019a71e34644f63.docx r Activity 5 When taking out a business loan a lender will often want to secure the loan in the form of an asset. This security is intended to minimise risk exposure in the event the applicant is unable to repay the loan. Describe the main types of 'security' that may be required to obtain a small business loan. (Explain types of security) Activity 5

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