Creditor

A Creditor is an person or entity that is owed money or performance by a company (e.g., a lender, vendor, landlord, or noteholder).  Usually, Creditors have legal contracts with the borrower granting the lender certain rights if the borrower fails to pay back the loan. For example, the right to claim any of the debtor’s real assets (e.g. real estate or car).

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Ryan Roberts Startup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.