Springing Liens & Triggers in Loan Agreements
A springing lien activates upon specific triggers in loan agreements, offering lenders security—but how exactly do these conditions impact borrowers and deals?
A springing lien activates upon specific triggers in loan agreements, offering lenders security—but how exactly do these conditions impact borrowers and deals?
Managing risk with springing collateral triggers in revolving lines can protect lenders—but how do these sudden demands impact borrowers’ financial flexibility?