11ant
2024-10-23 21:12:31
- #1
Factually, it does come first, but in terms of timing, it hardly can. The bank has this security (in the sense of logical certainty) simply because without the equity there would ultimately be a financing gap. Among other reasons, that is why it also belongs in the financing plan. How the bank protects itself against potential non-contribution likely differs from bank to bank (if not from customer to customer or case to case).So now I'm confused. Do banks react differently? A financial advisor told me, equity first and then debt. The bank wants to have the security that it is actually provided.