Bridge financing: Difference between revisions
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* [[Interest rate]] | * [[Interest rate]] | ||
* [[Overdraft]] | * [[Overdraft]] | ||
[[Category:Bank_Lending]] | |||
Revision as of 13:18, 12 August 2014
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.
