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Debt

Second Lien Loan
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Second Lien Loan

A type of debt financing that is secured by collateral whose lien on the collateral is junior to a 1st lien loan.

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Mezzanine Loan
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Mezzanine Loan

A type of loan that is junior in payment priority compared to a senior secured loan but is senior to equity.

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Bridge Loan
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Bridge Loan

A short-term loan used specifically to bridge the gap in financing between two periods.

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Refinancing
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Refinancing

Process of repaying an existing debt by raising new debt, ideally at terms that are more suitable to the current situation of the company.

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