Definition of «financing purposes»

The term "financing purposes" refers to the use of funds for financing or borrowing money. This can include activities such as taking out a loan, issuing bonds, or seeking investment from other sources in order to raise capital for business operations, expansion, or other projects. The phrase is often used in financial documents and agreements to specify how funds will be used and to ensure that the borrowed money is being utilized effectively.

Sentences with «financing purposes»

  • For financing purposes not all lenders will consider an assignment as the new purchase contract is between the original buyer and the new buyer and not with the developer. (mybcmortgage.ca)
  • DO NOT take a photo of your documents and keep them on your phone OR consider those as good forms for lender financing purposes. (mybcmortgage.ca)
  • After the inspection, your lender will set up an appraisal to inspect the home for defects and determine the home's market value for financing purposes. (sapling.com)
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