How does domain collateral works?

[Prodeskhp]

Just wondering. You transfer domain out, while you do not repay the loan? Just wondering, because as far as I know, there are some icann rules, which prevent you flipping domains from one account to other account within a six month period. This means, you are with out domain for 6 months?

[electronicash]

i guess the fund provider will just hold your domain for 6 months a day before flipping it. if he accepts the domain as collateral, it only means the domain is worth the price. i wouldn't actually be accepting domains if i were them unless its a premium domain kinda like one word EMD TLD.

[dontworry]

I can accept domain as collateral.

You know it wrong. It's a 60 days transfer lock, not 6 months. Nobody can prevent you to sell something you own. You can sell your domain anytime you want.
You only have to wait for 60 days to transfer your domain to another registrar if you registered it today or if you transfered it today from another registrar. You can always push your domain.
Domain push: ownership change within the same registrar. Domain moves from one account to another account in the same registrar.
Transfer: ownership change between 2 registrars. Domain moves from one registrar to another registrar (e.g., from godaddy to namecheap)