TreppArticle
Back-Leverage 101: A Fund's Mezzanine Position, Built From a Bank's Line of Credit
Depending on your perspective, you may call it back-leverage or you may call it ‘loan-on-loan’ financing. Either way, loan-on-loan financing enables a fund to achieve higher leveraged returns while being an attractive risk-adjusted, capital-efficient way for a bank to lend. This primer is designed to explain how…
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Provenance
- Publisher
- Trepp
- Obtained from
- Trepp
- Published
- Jul 10, 2026
- Last updated
- Jul 10, 2026 (1 month ago)
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