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Exit Planning
- Day Zero Guide
- Aha Planner
The Grid

Loading content…

A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

Facebook Instagram X YouTube LinkedIn

Do Not Sell or Share My Personal Information

Talk it through.

Ask me anything

Zolid AI can make mistakes.

Definition of Senior Debt on The Grid Glossary

Senior Debt

Published on 2024-04-24 | Last edited on 2024-04-25

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Definition

Senior debt is borrowed money (often from bondholders or banks that have issued revolving credit lines) that a company must repay first if it goes out of business.

#Junior Debt

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What are the three primary business valuation approaches and how do they differ?What are the motivations of third party buyers?What are the different types of employee ownership?What is Debt Service Coverage Ratio (DSCR)?What other metrics are lenders looking at in addition to DSCR?What are typical DSCR benchmarks?What are the current market trends regarding DSCR?How does my business size affect DSCR requirements?What is the difference between amortizing and non-amortizing capital?

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