Advertising

Bridge loan

• Is a type of temporary financing which is extended until permanent financing is secured. At that time, funds from the new permanent financing are used to pay off the bridge loan. Sometimes, investment banks have arranged, if not granted, bridge loans in order to participate in a syndicate mandated to raise long-term or permanent financing.

 
 

Follow this link for all the terms related to loan.

 
 Embedded terms in definition
 Investment bank
Order
Permanent financing
Secured
Syndicate
Temporary financing
Time
Type
 
 Related Terms
 

<< Bridge financing British clearers >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Life consists not in holding good cards but in playing those you hold well. - Josh Billings

Advertising



Copyright 2009-2018 GVC. All rights reserved.