Skip to main content
All CollectionsCompany information
What's the difference between a corporate bond and Worthy bonds?
What's the difference between a corporate bond and Worthy bonds?
John Lasak avatar
Written by John Lasak
Updated over 5 months ago

A corporate bond is a bond issued by a corporation in order to raise financing for itself to use for a variety of reasons, such as to fund ongoing operations, to invest in new infrastructure, or to expand its business in other ways. In Worthy's case, instead of using the bond proceeds for our own financing, we lend out the majority of proceeds to fund asset-backed loans for American projects.

Did this answer your question?