Bridge financing: Difference between revisions
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imported>Doug Williamson (Expand for Bridge to bond facility.) |
imported>Doug Williamson m (Categorise.) |
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Revision as of 11:57, 15 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.
