Bridge financing: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Expand for Bridge to bond facility.) |
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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. | ||
One example is a Bridge to bond facility. | |||
== See also == | == See also == | ||
* [[Bridge Bank]] | * [[Bridge Bank]] | ||
* [[Bridge to bond]] | |||
* [[Interest rate]] | * [[Interest rate]] | ||
* [[Overdraft]] | * [[Overdraft]] | ||
Revision as of 17:59, 3 February 2018
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.
