loan that costs more than traditional bank debt but costs less than a typical mezzanine loan, which may cost as much as
20 percent. In the event of default, Term B lenders are paid back before
mezzanine lenders but after bank lenders.
"Term B loan." YourDictionary, n.d. Web. 05 December 2018. <https://www.yourdictionary.com/term-b-loan>.
Term B loan. (n.d.). Retrieved December 05th, 2018, from https://www.yourdictionary.com/term-b-loan
Yes, I'd like to receive Word of the Day emails from YourDictionary.com
By continuing, you agree to our
Please set a username for yourself.
People will see it as Author Name with your public flash cards.