The minister's clever plan is "to request co-operating partners for a concessional bridging loan or grant to settle arrears to the IMF." And then what happens? "He said clearance of ECF arrears would unlock new financing arrangements from the IMF, … See all stories on this topic »
Bridging Loans are essentially short-term loans that are removed as a method of accessing financing for a particular project. A great example for the using the … www.seniorshealthylifestyle.com/?tag=bridging-loans
Top-up finance puts lender in (asset) class of its own
For some clients, whilst a bridging loan can provide the majority of finance required, the property used as security is not quite equity-rich enough to enable them to secure the entire amount of funding they are looking for via a bridge. See all stories on this topic »
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