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Assignment of Business License as Security for a Loan template - Download from Letters and Notices-Security Agreements

Home>Letters and Notices> Security Agreements
Letters and Notices
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Document Description
A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both. This template for assignment of business license as security for a loan describes a general format for loan lenders to grab the license of the borrower as the security for a loan.
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