Posts Tagged Senior Debt Lending

Senior debt lending is a type of financing in which a lender provides a loan to a borrower, with the expectation that the loan will be repaid primarily from the borrower’s core revenue streams. This type of debt is considered to be a lower-risk form of lending because it is the first to be repaid in the event of a default or bankruptcy. Senior debt is typically issued by banks, insurance companies, and other financial institutions. The terms of the loan are typically determined by the lender and the borrower, with the lender often requiring collateral or a personal guarantee to secure the loan. The interest rate on a senior debt loan is often fixed, and the loan is usually amortized over a set period