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#2030057 - 07/28/15 01:28 PM Liquor Inventory as Collateral
KeepSmiling Offline
Member
Joined: Jun 2008
Posts: 85
Are there any issues with taking liquor inventory as collateral on a loan? I thought there was something to do with the resale of the inventory and obtaining a license should the loan default, but not sure.

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#2208890 - 03/18/19 02:53 PM Re: Liquor Inventory as Collateral KeepSmiling
Banker K, CRCM Offline
Gold Star
Joined: Jan 2010
Posts: 293
Oklahoma
Hi, I would like to revive this topic as it has come across our desks now. Please and thank you for any responses if anyone has had experience with taking liquor inventory as collateral.
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Compliance - A Painful Addiction

All comments are mine & should not be taken as legal advice.

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