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Second Lien Loans
Create Incremental Liquidity for Opportunistic
Situations
Second lien loans are normally desired by a company requiring both incremental
liquidity beyond their senior debt and more flexibility than can be found with
mezzanine loans and equity-based capital. Since these loans are a form of
secured debt, they also represent a less-expensive alternative to mezzanine
loans and equity-based capital. Typical loan purposes include M&A opportunities,
recapitalizations, leveraged buy-outs, growth opportunities and turnaround
situations. Consider second lien loans through Enterprise Financial Partners if
you:
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Already have a first
lien commercial loan in place
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Need incremental
liquidity for one of the purposes described above
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Have strong cash
flow or equity in your assets
- Want to avoid higher-priced mezzanine loans
- Want to avoid giving
up equity
 
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