👉 Superfinancing is a financial concept in which a borrower pays back an amount of money that is equal to the value of the collateral or other assets pledged as security for the loan. This means that, when the borrower defaults on their loan, they are not required to pay off the entire amount of the loan upfront, but rather only the amount of the loan that is secured by the collateral. In this way, superfinancing allows borrowers to avoid the risk of defaulting on their loans and can