Bridge financing: Difference between revisions
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== See also == | == See also == | ||
* [[Bridge Bank]] | |||
* [[Interest rate]] | * [[Interest rate]] | ||
* [[Overdraft]] | * [[Overdraft]] | ||
Revision as of 07:26, 13 November 2016
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.
