Mezzanine vs. Senior Debt
• Collateral: Mezzanine financing is typically unsecured, while senior debt is often secured by company assets.
• Repayment Priority: Senior debt is paid off first in the event of liquidation, while mezzanine lenders are subordinate.
Mezzanine vs. Senior Debt
• Collateral: Mezzanine financing is typically unsecured, while senior debt is often secured by company assets.
• Repayment Priority: Senior debt is paid off first in the event of liquidation, while mezzanine lenders are subordinate.
Mezzanine vs. Senior Debt
• Collateral: Mezzanine financing is typically unsecured, while senior debt is often secured by company assets.
• Repayment Priority: Senior debt is paid off first in the event of liquidation, while mezzanine lenders are subordinate.