Discover the differences between non-recourse and recourse debt, their definitions, examples, and implications for borrowers ...

The "Devil's Dictionary" is a quick-reference guide for commercial lenders and other restructuring professionals. In this series, we highlight many of the buzz words found in the Dictionary and used ...

I bitch about the Internal Revenue Code (a lot), but I'm smart enough to realize that courtesy of the complexities it contains, I will never run out of topics for Tax Geek Tuesday. If anything, my ...

Once a carrier has made the decision to use freight bill factoring to improve cash flow, it quickly becomes a choice between using recourse or non-recourse factoring. At first glance, non-recourse ...

As mentioned in the inaugural post of The Carveout, non-recourse loans will include a non-recourse carveout providing protection for the lender in the event the transfer provisions in the loan ...