Bridge financing: Difference between revisions
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imported>Doug Williamson (Expand first sentence.) |
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== See also == | == See also == | ||
* [[Bridge Bank]] | * [[Bridge Bank]] | ||
* [[Bridge facility]] | |||
* [[Bridge to bond]] | * [[Bridge to bond]] | ||
* [[Interest rate]] | * [[Interest rate]] |
Latest revision as of 21:29, 27 April 2022
Bridge financing is a type of loan, usually at fluctuating interest rates, that takes the form of renewable overdrafts or discounting facilities.
It is used as a continuing source of funds until the borrower obtains medium or long-term financing to replace it.
One example is a Bridge to bond facility.