Bridge financing: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
(No difference)
|
Revision as of 14:11, 23 October 2012
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.
See also