January 15, 2024
Priority of Payments in a Warehouse Facility
A warehouse facility is a type of revolving credit facility used to finance assets originated by a company before they are sold […]
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January 15, 2024
Buyback Provisions Explained
Buyback provisions are contractual clauses in asset-backed lending facilities that outline the situations in which the originator or seller of the assets […]
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January 15, 2024
What is a Non-Call Period?
When a company takes out a loan from a lender like a bank, the loan agreement contains many provisions that govern the […]
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January 15, 2024
What is Reserve Amount in a Warehouse Facility?
A reserve amount in a warehouse lending facility refers to a portion of the loan proceeds that is held back by the […]
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January 15, 2024
What is amortization of a debt facility?
When a company takes on debt financing, such as a revolving credit facility, there is typically a set period of time in […]
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January 15, 2024
Loan to Value Ratio Explained
As an early-stage startup seeking funding, one of the most important financial metrics you will encounter is loan-to-value ratio, commonly abbreviated as […]
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January 15, 2024
How to buid a loan tape?
A loan tape is an essential document that provides detailed data on the loans or other assets that are being used to […]
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January 15, 2024
UCC Filings Explained
A UCC filing, also known as a UCC financing statement, is a legal form that creditors file to give notice that they […]
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January 15, 2024
Special Purpose Vehicles Explained
A special purpose vehicle (SPV) is a legal entity created by a parent company to isolate financial risk. Companies typically use SPVs […]
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January 15, 2024
What is backup servicing?
Backup servicing refers to when a backup servicer takes over the servicing responsibilities for a pool of loans or mortgages if the […]
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