2 ms·
Most likely Brex would structure the bridge loan so that they would be a secured creditor due to having a charge(?)/lien(?) over the rights of the client's SVB
by hnfong 4y ago
Most likely Brex would structure the bridge loan so that they would be a secured creditor due to having a charge(?)/lien(?) over the rights of the client's SVB deposits.
Not sure how this works out in practice, IANAL, etc.