Senior Debt
Senior debt is typically the most common form of financing used by corporations, and debt comes in a variety of forms including secured and unsecured bank loans, long-term fixed rate term loans, and a number of other structured vehicles. BDO Capital can lead the debt negotiations and organize the business resources. Primarily sourced from commercial banks, senior debt is usually the most plentiful and least expensive source of funds available in a non-impaired credit market. Sometimes situations occur, however, when a company cannot source bank financing because of market constraints or when there is a precipitous decline in the underlying credit quality of the borrowing entity. In these situations, BDO Capital can find alternative sources of credit.