In distressed market conditions, companies may need additional financing and secure a new loan against collateral that is already pledged. If not careful, lenders can lose their lien claim position to a newer, senior lender. The SRS Acquiom Loan Agency team offers strategies to help lenders protect themselves against uptiering transactions.
This one-page infographic answers these common questions:
- What is uptiering?
- What are the steps lenders can take to protect themselves from being uptiered?
Renee is the Managing Director of Loan Agency at SRS Acquiom. Based out of Minnesota, she manages the company’s Loan Agency department.
Before joining SRS Acquiom, Renee served as an administrative vice president at Wilmington Trust, N.A., most recently leading the loan agency and restructuring products. In addition to her 10 years at Wilmington Trust, she also worked at Wells Fargo Bank, N.A. in both the corporate trust and shareholder service departments.
Renee received a J.D. from Mitchell Hamline School of Law, a B.A. in History and Political Science from Azusa Pacific University and is a member of the Minnesota Bar.