Loan

Loans are lent to individuals or companies by banks or other financial institutions to financially manage planned or unplanned events in the foreseeable future. With the borrower having to pay for the principal amount and interest over a period of time, these loans are used by borrowers to grow overall money supply. Loans can be classified into secured and unsecured, open-end and closed-end, and conventional types. Types of loans include personal loans, cash advances, student loans, mortgage loans, home equity loans, and small business loans, with things to be considered involving credit score and credit history, income, and monthly obligations.

Asset Classes

Municipal Bond

Entities

Algebris Investments
American Financial Exchange, LLC
Beach Point Capital Management
Blue Elephant Capital Management
Bryn Mawr Trust
CQS
Centerbridge Partners
Covenant Review
Cross River
DRC Capital
Divido
Genesis
GoldenTree Asset Management
Investcorp
Lending Club
Main Street Lending Program
MakerDAO
Napkin Finance
Oaktree Specialty Lending Corporation
RBC Capital Markets
SoFi
Southland Capital Management
Star Mountain Capital
Voya Investment Management

Entity Types

Bank

Event Types

Default

Industries

Financials

People

Adam Cohen
Alex Veroude
Barry Habib
Bill Erbey
Bob Kricheff
Bryan Cavalier
Clint Proctor
David Tawil
Francis Suarez
Frank Holding Jr.
Fritz McPhail
Gershon Distenfeld
Kevin Ulrich
Martin Friedman
Michael Kanigher
Michael Liberman
Patrick Hurley
Pete Briger
Peter Faigl
Pradeep Pattem
Robert Cohen
Robert Sharratt
Scott Klein
Scott Martin
Steen Watson

Publications

250 Questions You Should Ask To Avoid Foreclosure
Bailouts or Bail-Ins?
Balance Sheet Recession
Biglaw Investor
Financial Freedom
Grant's Interest Rate Observer
How to Be Debt Free
How to Raise Your Credit Score
Inside the Yield Book: The Classic
Introduction to Securitization
Investormint
Leveraged Finance
Money of the Mind
Moneywise
Mortgage Management For Dummies
Paying For College For Dummies
Personal Finance in Your 20s and 30s For Dummies
Taxes, Loans and Inflation
The Fix
The Repo Handbook
Wealth Pilgrim
What You Should Have Learned About Money, But Never Did

Terms

Peer-to-Peer Lending

Wisdom

Credit Is An Opinion

  • Loans are not classified as securities - they are private contracts between borrowers and lenders
  • Loans typically trade in increments of one million dollars
  • Loans are higher on the subordination stack than bonds
  • Loans are typically illiquid - they are difficult to quickly sell, trade or settle
  • Typically transferred between buyers and sellers via assignments or participation agreements.