What is MCNW willing to consider as collateral/ security for a small business loan?
MCNW generally considers all business assets as the primary security for the loan, and perfects that security interest through a Security Agreement and a UCC filing with the state of Oregon or Washington. In the situation where the business assets don’t provide sufficient collateral for the loan, MCNW is also willing to consider one or multiple car titles, equity in real estate through a trust deed and/ or co-signers or guarantors for the loan.
