Mini Bio (1). Ron Reagan was born on May 20, 1958 in Los Angeles, California, USA as Ronald Prescott Reagan. He is an actor, known for Post No Bills (1991), Hollywood Commandos (1997) and Front Page (1993). He was previously married to Doria Palmieri.
A non-recourse loan is defined as a loan where the borrower or guarantors are not personally liable for repaying any outstanding balance on the loan. Non-recourse financing is typically found on longer term permanent commercial real estate loans placed on a stabilized and performing asset.
In the most common usage, the terms asset-based lending and asset financing refer to the same thing. Asset-based lending ... Contrasting Non-Recourse And Recourse Loans. The difference between a recourse and non-recourse loan involves how aggressively a lender can pursue a borrower who defaults on the loan.