uncollectible loan; bad loan
A loan that cannot be recovered, typically used in banking and finance contexts.
Banks are struggling with the increase in bad loans.
不良債権 is a broader term for non-performing loans, while 焦げ付き融資 emphasizes the uncollectible nature of the loan.
Compound of 焦げ付き (scorching, sticking, from 焦げ付く 'to get burnt and stick') and 融資 (financing, loan). The metaphor is of a loan that has 'stuck' and cannot be recovered.