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Exit Planning Tools
- Day Zero Guide
- Aha Planner
Community
- The Grid

A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

Facebook Instagram X YouTube LinkedIn

👋 Meet Zolid AI

Here to support your company's exit journey — Zolid AI can answer questions and provide insights. Free for now, with fair usage limits.

Your conversations are not shared with others. We may review them to improve Zolid AI.

Ask me anything

Zolid AI may provide inaccurate info, so verify responses.

Definition of Senior Debt on The Grid Glossary

Senior Debt

Published on 2024-04-24 | Last edited on 2024-04-25

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Definition

Senior debt is borrowed money (often from bondholders or banks that have issued revolving credit lines) that a company must repay first if it goes out of business.

Senior Debt

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