what is the difference between a bank loan and a leveraged loan 
leveraged loans also known as floating rate loans or bank loans are loans made by banks or other financial institutions that are then sold to investors companies may use the money they get to refinance their debt fund mergers and acquisitions or finance projects the companies that receive these loans typically have credit ratings that are below investment grade they are secured by collateral such as the borrower s real estate and equipment or by intellectual property including brands trademarks and customer lists 3