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Thursday 02 May 2024
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how to raise capital
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ORIGINAL POST
Posted by
kateblundell
11 yrs ago
I have a land title in the bank as collateral for a small loan in the Philippines can I use the same land as collateral for a second loan?
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COMMENTS
rsantill
11 yrs ago
You were able to get the loan from the first bank because you had the land title. Now that title is not in your hands but the bank. You therefore don't have a land title to use to apply for another loan from another bank...
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