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Auto loan - Auto loans are made to borrowers to finance the purchase of new or used automobiles. Borrowers make monthly payments of principal and interest, which typically amortise the loans in five to six years or less.
Second lien loan - A Second Lien Loan is a simple loan with a subordinated security (finance) structure or no security at all (unsecured debt), meaning that the borrower grants another provider of a finance instrument (eg. senior loan) priority over settlement of owed monies in case of an event of default.
Bridge loan - A bridge loan (or swing loan) is a type of short-term loan in the financial industry. Bridge loans are typically taken out for a period of 2 weeks to 3 years in order to finance projects.
Stafford loan - A Stafford loan is a loan product offered to students enrolled in American institutions of higher education to help finance their education. The loans are offered under Title IV of the Higher Education Act of 1965 (with subsequent amendments) and are therefore guaranteed by the U.
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