# Collateral

> Collateral is something of value, like property or equipment, that a borrower pledges so the lender may take it if the loan is not repaid.

Dashing (dashingerp.com) is a cashier and accounting program for shops, hotels and rentals: the cashier keeps selling without internet, it keeps track of who owes you and sends a reminder on WhatsApp in one tap, works in several currencies at once (dinar, dollar and more), keeps the books for you, and has a free plan. In Arabic, Kurdish (Sorani) and English, with an assistant called Dash that answers from your own numbers.

Canonical: https://dashingerp.com/en/glossary/collateral

Collateral is something of value, like property or equipment, that a borrower pledges so the lender may take it if the loan is not repaid.

_Last updated 2026-10-29_

## What it means for a shop owner

It can lower the rate because the lender takes less risk, but you risk what you pledged. Read exactly when the lender may take it. If you can, do not pledge what your daily work depends on.

## A worked example

You borrow 20000 and pledge equipment worth 25000. If you stop repaying, the lender may take the equipment.

## Other languages

- العربية: https://dashingerp.com/glossary/collateral
- کوردی: https://dashingerp.com/ckb/glossary/collateral

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Dashing · https://dashingerp.com/en