Sentences with phrase «bridge financing before»

Commercial bridge loans work similarly to consumer loans; businesses who need capital to move offices can get bridge financing before they sell their old office space.
Commercial bridge loans work similarly to consumer loans; businesses who need capital to move offices can get bridge financing before they sell their old office space.

Not exact matches

Mario Centeno, who heads the group of 19 euro zone finance chiefs called the Eurogroup, cautioned that this divergence between Europe and the IMF might not be bridged before June.
Because of this, many borrowers will use a bridge loan to renovate a property that wouldn't qualify for a traditional mortgage before selling it or getting long - term financing.
Since Cuomo revealed the week before that he wants union pension funds to finance the new Tappan Zee Bridge, PPPs were the hot topic.
Question topics included the expected new bridge tolls, a toll and finance task force expected to have already been created, whether it's «overtly political» to not announce new tolls before the November election, whether there continues to be a $ 3.9 billion cap on the bridge cost, two Hudson Valley state senate races, how the crane was named, ebola and whether he anticipates limiting travelers into New York and Amtrak's announced plan to close four tunnels for lengthy repair work.
DeFrancisco, a Syracuse Republican, had previously said he wanted to see a more complete financing picture before approving another round of loans for the bridge project, and held out the possibility that he would vote «no» today.
Because of this, many borrowers will use a bridge loan to renovate a property that wouldn't qualify for a traditional mortgage before selling it or getting long - term financing.
Borrowers like bridge financing because it can help their home financing process go more smoothly by offering buyers extra days to move into their new home before they have to be out of their old home.
Also known as a gap loan or «repeat financing,» a bridge loan is an excellent option if you're purchasing a home before selling your previous residence.
When you go to your friend before payday and borrow $ 10.00 — that is a case of bridge financing.
Next I assume the same interest expense on the inherited structured finance (assuming they pay off the «bridge loan»), rounded up slightly, to $ 60 million, and capex at about 20 % greater than depreciation just to be safe, and we get to cash flow (CF) before taxes of about $ 120 million.
If by bridge financing you mean you will take posession of a new house before the sale of and old one closes, then it is a painless process.
You may take out a bridge loan, or interim financing, to help with a knotty situation: closing on the home you are buying before you close on the property you are selling.
In today's dynamic and competitive senior living environment, a bridge loan can be an essential provisional step before securing permanent, long - term financing,» he said.
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