Sentences with phrase «gap financing»

"Gap financing" refers to the temporary funding needed to cover a financial difference or shortfall. It provides money to bridge the gap between the total amount required for a project or investment and the funds available. It's like filling in the missing piece for completing the financial puzzle. Full definition
For the business that needs working capital and is waiting for a large payment from a customer, a balloon loan can be an affordable way to provide gap financing.
The program provides up to $ 50,000 in gap financing and up to $ 4,000 in assistance with closing costs.
For the business that needs working capital and is waiting for a large payment from a customer, a balloon loan can be an affordable way to provide gap financing.
Bridge financing, also known as gap financing, swing financing or hard money loans, is a form of short - term financing designed, as the name implies, to bridge the financial gap between current and future circumstances.
We are now accepting applications for the Buffalo Building Reuse Loan Fund (BBRLF), which provides low interest gap financing for adaptive reuse and new construction projects in downtown Buffalo.
The outcry grew louder when, just after Braff easily hit his $ 2 million Kickstarter goal (and then some), Worldview Entertainment appeared on the scene and added millions of dollars to Braff's kitty in the form of gap financing, basically a bridging loan predicated on future foreign sales.
The ECIDA's Regional Development Corporation lending arm approved a $ 2 million gap financing loan to Buffalo's TMP Acquisitions, Inc..
Rebranded as the Bridge Capital Fund, the ECIDA will be offering a $ 1 million pool in venture capital dollars to emerging companies looking for bridge or gap financing necessary to jump start their business.
If you're wondering about whether a Residential Hard Money Bridge Loan or Hard Money Gap Financing is right for you, feel free to contact us directly for more info.
However, not every loan scenario falls neatly into these pre-defined categories, which is why we have generic Residential Gap Financing & Bridge Loans for situations like the following:
Borrowers may not obtain a bridge loan (also known as gap financing) or engage in other interim financing methods to meet the monetary investment requirement or payment of closing costs needed to complete the purchase transaction.
Up to $ 2 million in gap financing is available for projects that promote housing, employment and retail development within a quarter mile walking distance of Buffalo transit stops on Bailey Avenue, Grant Street, Main Street, Niagara Street and Utica Street corridors.
In an effort to provide gap financing for start - up companies, the Erie County Industrial Development Agency is once again entering the venture capital landscape.
RELATED LINKS Fresh Inc.: Microloans Filling a Gap This financing option shouldn't be overlooked as a resource for smaller capital infusions.
Also known as swing loans or interim or gap financing, these loans are short - term loans with maturities generally up to one year and are usually secured by some sort of collateral.
These loans are also called swing loans, interim financing and gap financing.
Worldview Entertainment recently came on to provide gap financing and executive produce.
We can't increase the general fund contributions to Affordable Housing Investment [AHIF] fast enough to support every compelling affordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 million.»
These loans are also called swing loans, interim financing and gap financing.
Also known as swing loans or interim or gap financing, these loans are short - term loans with maturities generally up to one year and are usually secured by some sort of collateral.
Bridge financing, also known as gap financing, swing financing or hard money loans, is a form of short - term financing designed, as the name implies, to bridge the financial gap between current and future circumstances.
Bridge loans are known by several names: interim financing, bridge financing, gap financing, and swing loans are just a few of the terms you might hear in reference to this type of hard money loan.
Having acquired years of practical and real - world experience as a lawyer, financier, producer, and distributor of independent feature films, José represents clients in all facets of acquisition, development, finance (debt, equity and gap financing), production, and distribution of film,...
He co-founded Envoy in 2011 to fill a void in the market: providing equity / gap financing to developers of built - to - suit single tenant net lease properties.
Also known as interim financing, gap financing, or short - term financing, a bridge loan can be used in many ways: to provide immediate cash for quick closings; to make an advantageous purchase; or to help a borrower avoid a default or foreclosure.
The most important factor to any type of Residential Real Estate Bridge Loans or Gap Financing is that they're short - term.
He co-founded Envoy in 2011 to fill a void in the market: providing equity / gap financing to developers of built - to - suit or redeveloped net lease single tenant properties.
A real estate bridge loan sometimes referred to as a «swing loan,» «gap financing,» or «interim financing,» is a short - term loan that «bridges the gap» or gets a borrower from point «A» to «B»
A real estate bridge loan, sometimes referred to as a «swing loan,» «gap financing,» or «interim financing,» is a short - term loan that «bridges the gap» or gets a borrower from point «A» to «B» by leveraging the equity in a property they already own.
Gap financing of up to $ 50,000 is also available, in addition to closing cost assistance of up to $ 4,000.
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