Bridge financing: Difference between revisions
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imported>P.F.cowdell@shu.ac.uk No edit summary |
imported>Doug Williamson m (Added space before see also) |
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A type of loan, usually at fluctuating interest rates, that takes the form of renewable overdrafts or discounting facilities. | 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. | It is used as a continuing source of funds until the borrower obtains medium or long-term financing to replace it. | ||
== See also == | == See also == | ||
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* [[Overdraft]] | * [[Overdraft]] | ||
[[Category: | [[Category:Long_term_funding]] | ||
[[Category: | [[Category:Treasury_operations]] | ||
Revision as of 17:23, 13 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.
