Collateral agreement

A collateral agreement binds existing assets or personal suretyship to the loan contract as collateral. It consists of the following steps:

1. Creating or selecting an asset or suretyship person.

2. Connecting asset/suretyship to the loan contract.

3. Signing collateral agreement.

If you add an asset to a loan application/offer, the collateral agreement is automatically created and connected to the particular loan contract when the loan offer is accepted. In this case, you can edit a collateral agreement and sign it.