Working on a transaction at the moment and we are considering using Loan Notes for the deferred component.
The deferred component is a fixed amount, payable by a cash sweep each year from CFADS (subject to a minimum cash at bank balance) until deferred is paid down.
Question is are Loan Notes to the vendor a good way to provide security to the vendor, are there any risks to us, if so how do we mitigate, any other considerations we should be aware of?
Many thanks in advance.
Using Loan Notes as part of transaction - (UK)
by a searcher from University of Glasgow
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
40 views
0 comments
Sign in to see all replies.
Create an account.