: A high-risk structure where interest is paid with additional debt "pieces" (securities) rather than cash.
If "piece" refers to a specific type of loan structure rather than the "stretch piece" term: company loan
: Funding new projects or acquisitions that exceed current credit lines. : A high-risk structure where interest is paid
: Managing cash flow during slow business periods. company loan
: These loans are usually 2nd lien or subordinated, meaning the primary bank is paid back first in the event of a default. Common Uses :