Capital Stack

This guide explains what commercial banking is and explains commercial banking products and services.

This guide explains what underwriting is and the role of investment banks in the underwriting process.

This article explains what investment banking is and explains what various investment banking services are.

This guide explains what subordinated debt is. It also explains the relationship that subordinated debt has to senior debt and equity financing in terms of liquidity position in the capital stack and the corresponding risk to subordinated debt investors.

This guide explains what preferred stock is and is designed to give you a better understanding of this type of equity investment. This guide also looks at the different classifications of preferred stock.

This guide explains what common stock is and is designed to give you a better understanding of this type of equity investment. This guide also looks at the different classifications of common stock.

This guide explains what equity financing is, how it works, and it goes into detail about the different types of equity financing available. To understand more about raising money with debt vs equity, we recommend: Capital Stack Quick Guide, as a companion to this guide.