Secured creditor / The Insolvency and bankruptcy code / IBC

A secured creditor is any creditor or lender associated with an issuance of a secured credit product. A secured credit product is any credit product backed by collateral.

In the case of a secured loan, collateral refers to assets that are pledged as security for the repayment of that loan.

Secured creditors can be various entities, although they are typically financial institutions.

Secured creditors may offer several different types of credit products with the option of securing these offerings through collateral. These products include personal loans,; institutional loans for businesses; and corporate bonds.


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