Hi,

I'm looking at starting my own microbrewery and I have a question regarding financing. I presently have approx. 80% (in cash/bonds) of the loan sum and I want to know how to protect the portion that I am not giving as collateral.

Example: I need (all theoritical numbers) $100,000 and presently have $80,000 in cash/bonds. I only want to put up the standard 20% as collateral and want to "protect" the remaining $60,000.

Is this regulated in the promissory note? Any help/tips are appreciated.

Thanks

Pepper