The EBITDA Definition Is Where Your Leverage Actually Lives
Lenders define EBITDA their way. Understanding the gap between your model and their calculation is the first step to negotiating leverage you can actually use.
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Turn debt terms into confident decisions
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Restricted Payments: What You Can (and Cannot) Do With Your Cash
Before you plan that dividend recap or shareholder loan, read the restricted payments basket. The answer is usually "yes, but." The "but" is where deals break.
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3-minute reads for private equity investors and senior finance executives who value substance
What can be negotiated - practical reads on covenants, definitions, baskets and more
Why certain lender asks matter, when they do not and where you need to push back
How debt terms affects flexibility, control, and value creation
