Loan Types
Senior Debt
Debt that has first priority claim on a borrower's assets and cash flows in the event of default. Senior secured lenders face the lowest risk and therefore provide capital at the lowest cost in the capital structure.
Loan Types
Debt that has first priority claim on a borrower's assets and cash flows in the event of default. Senior secured lenders face the lowest risk and therefore provide capital at the lowest cost in the capital structure.
Capital Brief
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