Economic,Banking and Financial Terms: Bridge Loan:A loan made - TopicsExpress



          

Economic,Banking and Financial Terms: Bridge Loan:A loan made by a bank for a short period to make up for a temporary shortage of cash. On the part of borrower, mostly the companies for example, a business organization wants to install a new company with new equipment etc. while his present installed company / equipment etc. are not yet disposed off. Bridge loan covers this period between the buying the new and disposing of the old one.
Posted on: Mon, 13 Oct 2014 04:30:00 +0000

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