Insights

For Canadian businesses seeking capital to support their growth, expansion, or strategic initiatives, senior secured funding offers a reliable and effective financing solution. Senior secured funding provides companies with access to capital while offering lenders greater security through collateralization. This article aims to explore the benefits of senior secured funding for Canadian businesses and shed light on why it is a popular choice among borrowers and lenders. Lower Interest Rates One of the significant advantages of senior secured funding is the potential for lower interest rates compared to other forms of financing. Since the loan is secured by collateral, lenders face reduced risk, allowing them to offer more favorable terms to borrowers. Canadian businesses can benefit from this by securing financing at a lower cost, resulting in reduced interest expenses and improved cash flow. Higher Loan Amounts Senior secured funding allows Canadian businesses to access larger loan am...