Sentences with phrase «subordinated debt so»

Gerard Bucas, president of computer - peripherals maker Great Valley Products, a $ 32 - million S corporation in King of Prussia, Pa.: «Last year we raised $ 5 million in venture capital, which we structured as subordinated debt so we'd be able to retain our S - corporation status.

Not exact matches

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).

So insured bank deposits are now effectively subordinate to uninsured European bank debt.

The money borrowed from smaller investors is generally «subordinated» to the senior debt, and so corporate hybrids are called «subordinated notes».

HUD HOME reduces the amount of subordinate debt on affordable housing development projects, according to Baldasare, so cutting the HUD budget would exacerbate the equity gap problem.