We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Savings/CD dual-signature or other such protection?

cncf
Posts: 1 Newbie
I have an investor willing to loan money to my business for specific purposes. We have a contract to that effect, but he is looking for additional protection, such as dual-signautre or even a CD that would mature in his name?
Is there any financial instrument we could use to do so under my business account rather then just relying on a contract that exposes him more?
I know I can ask my bank but prefer to sound a little knowledgeable when I run new accounts by them
Thanks in advance
Is there any financial instrument we could use to do so under my business account rather then just relying on a contract that exposes him more?
I know I can ask my bank but prefer to sound a little knowledgeable when I run new accounts by them

Thanks in advance
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards