What is waterfall payment and what are the solutions to it?

What is waterfall payment and what are the solutions to it? A waterfall payment is a system to repay debts in which senior lenders (higher-tiered creditors) receive principal and interest payments from a debtor first, while subordinate lenders (lower-tiered creditors) receive principal and interest payment after the senior lenders have been paid. What is waterfall … Continue reading What is waterfall payment and what are the solutions to it?