- This topic has 3 replies, 2 voices, and was last updated 7 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Sir between loan notes secured on NCAs and Bank loan secured by floating charge, which one is less risky and also please highlight the reason?
As far as the lender is concerned the loan notes are less risky because they are more certain to get their money back if the company goes into liquidation (because they are secured on specific assets).
But if Bank loan is also secured by floating charge on CAs then between bank loan and loan notes secured on NCAs which one will be less risky?
Viewing 4 posts - 1 through 4 (of 4 total)
- The topic ‘Loan notes secured on NCAs and Bank loan secured by floating charge’ is closed to new replies.