Tips Home
Browse by Tags
Browse by Authors
recourse debt
Tips
How Non-Recourse Debt Can Be Safe and Recourse Debt Can Be Dangerous
by
Seth Klarman
Leverage does not have to be dangerous. Non-recourse debt on an asset can serve to make a large purchase more affordable. Taking out a non-recourse...
Tags:
leverage
,
risk
,
recourse debt
,
non-recourse debt