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Mr. Mohammed is a businessman and looking for finance for business needs. He approaches to Bank Muscat, one of the leading financial services provider in

Mr. Mohammed is a businessman and looking for finance for business needs. He approaches to Bank Muscat, one of the leading financial services provider in the Sultanate of Oman offers corporate banking, retail banking, investment banking, treasury, private banking and asset management. But he is confused whether he should go for secured loan or unsecured loan from the bank Muscat. You are required to critically discuss and compare the impact of secured and unsecured loans offered from Bank Muscat with Mr. Mohammed. (approximately in 250 words).

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