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What are cash flow notes?
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28th Feb 2011 by admint
Cash flow notes are legally binding contracts that document the promise of the borrower to repay the lender. Cash flow notes are promissory notes--instruments that entitle the owner to a stream of periodic payments from a third party. Cash flow notes may be secured by real property, as in the case of mortgage notes, and car, automobile or boat loans.
Cash flow notes are legally binding contracts that document the promise of the borrower to repay the lender. Cash flow notes are promissory notes--instruments that entitle the owner to a stream of periodic payments from a third party. Cash flow notes may be secured by real property, as in the case of mortgage notes, and car, automobile or boat loans.
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17th Nov 2009 In Banking
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Subjects: cash flow notes,