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 :

: Managing cash flow during slow business periods.

If "piece" refers to a specific type of loan structure rather than the "stretch piece" term: company loan

: It "stretches" the total available capital beyond what a senior lender will provide based on their standard risk limits.

: A high-risk structure where interest is paid with additional debt "pieces" (securities) rather than cash. : These loans are usually 2nd lien or

: You may be referring to a loan secured against a specific "piece" of property or equipment.

: Funding new projects or acquisitions that exceed current credit lines. : A high-risk structure where interest is paid

: Acquiring specific machinery or real estate when a standard loan doesn't cover the full cost. Alternative Contexts