Bridge loans are short term loans made to borrowers who need time to
put permanent financing in place.
Not exact matches
He explained that the current Eurogroup President Jeroen Dijsselbloem, who's also the Dutch
finance minister, gathers significant support among the other
finance ministers but failed to get enough backing to continue with his European role after having lost the general election,
putting an end, at least for now, to the idea of a
permanent president.
«Versa Media Capital intends to become the go - to source of capital and expertise for independent film and TV content creators, and will provide the elements needed to
put projects on the solid footing required to complete a
permanent financing package,» said Geoffray in a statement.
The
finances at the club were already in poor shape before relegation from the Football League, but the drop in levels have
put the
permanent future of the club in danger.
The unit is acquired and needed repairs are
financed with the private loan,
putting the property in such a condition for
permanent financing.