For loans primarily secured by a cash flow stream, subscription facility lenders heavily depend on collateral accounts as a key element of the security package. In this Legal Update, we delve into why ...
The ebb and flow of modern business is difficult to predict. Small businesses, in particular, can struggle to react to fast-changing market conditions. There may be times when short-term cash ...
Learn how cross-collateralization affects your finances, especially with auto and mortgage loans. Protect yourself by understanding lender practices and key terms.
Collateral offers lenders a degree of security in the event a borrower cannot fulfill the terms of a loan agreement. So, what is collateral? Any asset owned by a borrower that can be pledged to help a ...
Collateral can make loans less risky for the lender since the assets can be seized if borrowers don’t repay their loans Collateralized loans are generally easier to get and come with more favorable ...
Subscription credit facilities, commonly referred to as “sub-lines” or “capital call facilities,” are a cornerstone of private equity finance. These facilities are secured by a bespoke collateral ...
A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...
With the next phase of adherence coming up in September, there are many firms looking for comprehensive margin management, not just segregated accounts, according to Laide Majiyagbe, a newly appointed ...