词汇 | bridge-loan |
释义 | bridge loan noun[ C ] USus/ˈbrɪdʒ ˌloʊn/uk /ˈbrɪdʒ ˌləʊn/(UKbridging loan) an arrangement by which a bank lends a person some money for a short time until that person can get the money from somewhere else, often so that they can buy another house before they sell their own Borrowing & lending amortizable amortization amortize bond measure bond referendum bonded credit limit debt get behind hole lending rate microcredit microloan non-current non-interest non-prime outstanding use something as collateral usury write something off bridge loan | Business Englishbridge loan noun[ C ] ukus(UK usuallybridging loan) FINANCE an arrangement by which a bank, etc. lends a company or person some money for a short time until that person can get the money from somewhere else: If you're buying a new house you may need a bridging loan until you sell your old one. The cash for the payment to shareholders will come from a bridge loan from a major bank. Examples of bridge loanbridge loan A bridgeloan is similar to and overlaps with a hard money loan. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Money from the new financing is generally used to take out (i.e. to pay back) the bridgeloan, as well as other capitalization needs. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The deal structure included a $5 million secured bridgeloan. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The company sought a bridgeloan of $7 billion. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Hard money is similar to a bridgeloan, which usually has similar criteria for lending as well as cost to the borrowers. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Bridge loans may be used as temporary financing pending a longer-term loan. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Bridge loans are easy to qualify for as long as there is equity remaining in the property sufficient to cover the commercial lender's risk capital. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Bridge loans are typically more expensive than conventional financing, to compensate for the additional risk. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Commercial lenders specialize in hard money and bridge loans, often those that close quickly, in as little as two weeks. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. They lend short-term capital (also called bridge loans) that provide funding based on the value of the real estate acting as collateral. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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