Ask most entrepreneurs what their biggest challenge is and there’s a good chance they’ll list access to investment and funding among them. As important as improving access to that funding is, it’s almost as critical that entrepreneurs identify the funding models best suited to their business needs. Unitranche financing can enable medium-sized companies to access financing that would be impossible to get from a bank. Second lien financeSecond lien debt is secured debt that ranks equally for payment with senior debt and shares the same security package. This means that in the event of bankruptcy, the second lien ranks behind senior debt in the receipt of proceeds from shared collateral.

Source: The North Africa Journal November 13, 2023 12:02 UTC