bridging loan


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bridging loan

n
(Banking & Finance) a loan made to cover the period between two transactions, such as the buying of another house before the sale of the first is completed
Translations

bridging loan

[ˈbrɪdʒɪŋˌləʊn] N (Brit) (Fin) → crédito m puente

bridging loan

bridging loan

[ˈbrɪdʒɪŋˈləʊn] n (Brit) → prefinanziamento
References in periodicals archive ?
Tower Resources PLC (LON:TRP) has extended its bridging loan facility with repayment now moving out to 31 August.
If you want to raise funds quickly on a commercial property already owned or for the purchase of a commercial property that you are looking to buy, then a commercial bridging loan could be the ideal solution for you.
BANKING AND CREDIT NEWS-September 17, 2015-Aldermore enhances bridging loan offering
M2 EQUITYBITES-September 17, 2015-Aldermore enhances bridging loan offering
GRU Airport will secure BRL3.48 billion (US $1.5 billion), BRL1.2 billion (USD517 million) of which it will use to repay a bridging loan granted in Oct-2012, while Inframerica will be offered BRL797 million (USD343 million), BRL488 million (USD210 million) of which will be used to repay a bridging loan granted in Dec-2012.
The new funding will go in part to repay the SAR 1.35 billion bridging loan secured by the company last year for its property development project near the Grand Mosque in Mecca which includes ten hotels.
International Resource News-9 August 2010-Angel Mining extends bridging loan with Cyrus Capital(C)2010 ENPublishing - http://www.enpublishing.co.uk
The LDV plant in Birmingham was said to be "literally running out of cash" as the owners asked for a multimillion pound bridging loan. The firm, owned by Russian giant Gaz, announced that a management buy-out aimed at transforming the manufacturer into Europe's first "green" van firm was nearing completion.
Dear Editor, - I must take issue with your leader (Post, Mar 21) in which you stated that a pounds 110 million bridging loan from the Government to MG Rover would have been throwing away public money.
In addition the Bank's bridge to term offering allows customers to switch to a residential or commercial product for long term funding when they are ready to exit their bridging loan. Aldermore's bridging proposition is headed up by Rob Barnard, head of Intermediary Distribution.
[UKPRwire, Mon Jul 02 2012] Over the past few years the number of people taking out bridging loans has increased dramatically with the amount of bridging lending doubling during the last 12 months alone.
[ClickPress, Mon Jul 02 2012] Over the past few years the number of people taking out bridging loans has increased dramatically with the amount of bridging lending doubling during the last 12 months alone.