Bridge financing: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>P.F.cowdell@shu.ac.uk m (Categorise the page) |
imported>P.F.cowdell@shu.ac.uk No edit summary |
||
| Line 7: | Line 7: | ||
[[Category:Bank_Lending]] | [[Category:Bank_Lending]] | ||
[[Category:Cash_and_Liquidity_Management]] | |||
Revision as of 13:19, 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.
