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bridge loan |
Also found in: Financial, Wikipedia | 0.49 sec. |
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Loan types included multi-family, bridge loans for land as well as income producing and non-income producing commercial properties, construction loans, including ground up, renovation, and conversion projects, land acquisition and development loans, secured and unsecured revolving lines of credit and permanent loans with both five and 10 year terms. Funds buying financial claims against struggling companies or extending bridge loans to them will also be eligible for tax-exempt status. Some of the most common types of debt financing available to the entrepreneur include demand loans, lines of credit, bridge loans, conditional sales purchases and floor financing. |
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