What is Interest Coverage?

This guide explains what interest coverage is and why it’s important. We also cover how interest coverage is calculated and how lenders use ratios to gain insight into a business’ ability to repay debt.

Term Loans (Part 2): Structure & Amortization

This guide explains how term loans are structured and explains how amortization works. That guide explains what term loans are and how they work, this guide goes into depth about how these loans are actually structured and amortized as well as what these terms mean.

Term Loans (Part 1): How They Work

This guide explains what term loans are and how businesses use them as a financing option. We also explain the main components of term loans and how they are different from other types of debt. Here are some quick takeaways regarding term loans:

Revolver Debt: Lines of Credit

This guide explains what revolver debt is in business and it explains how revolving lines of credit work. Additionally, we will look at why revolver debt is valuable to a business. Finally, we’ll learn about who provides revolver debt and what these arrangements typically look like.

Senior Debt

This guide explains what senior debt is and why it is used. It also explains the types of senior debt that companies often use as well as the risk of senior debt compared to other financing options.

Due Diligence in M&A

This guide explains what due diligence is in mergers and acquisitions. It also explains why due diligence is important, the role of due diligence in M&A, and it briefly explains how the due diligence process is performed.

Horizontal Integration

This guide explains what horizontal integration is, how it works, and it highlights the advantages and disadvantages of horizontal integration.