Lending Basics
Loan Covenant
A condition or restriction in a loan agreement that the borrower must comply with throughout the loan term, such as maintaining minimum revenue or limiting additional debt. Violating a covenant can trigger a default.
Lending Basics
A condition or restriction in a loan agreement that the borrower must comply with throughout the loan term, such as maintaining minimum revenue or limiting additional debt. Violating a covenant can trigger a default.
Capital Brief
Every Thursday: rate changes across SBA, MCA, and term loans, fresh lender reviews from our analyst desk, and funding opportunities surfaced before they close.