Gap Loan

Gap Loan

Financing that is needed but unavailable. A common solution to filling a gap is borrowing. See also: Bridge loan.
Mentioned in ?
References in periodicals archive ?
When a stop gap loan was put in place last year some contractors received partial payments, which may account for the reduction from $16 to $13 million.
The Small Loan Fund will be managed by FSY and will be providing gap loan finance for capital expenditure and working capital to assist with the growth and development of businesses.
NEW YORK -- Fitch Ratings assigns a rating of 'AA+/F1+' to the $102,355,000 Los Angeles County Public Works Financing Authority, gap loan receivable notes 2005 series A and a rating of 'AA/F1+' to the $102,355,000 Los Angeles County Public Works Financing Authority, gap loan receivable notes 2005 series B.
CEII offers seven different loan programs, and AmSouth's additional $250,000 investment will be applied to CEII's GAP loan pool.
He's a keeper I've liked for a while,and though it's obviously just a stop- gap loan deal,he's a very welcome addition to a depleted squad.
s Gap Loan Program in Escambia County, Northwest Florida and Southern Alabama.
July 9, 2015 /PRNewswire-USNewswire/ -- The Illinois Bankers Association has announced that banks throughout Illinois are offering payroll gap loans to their state employee customers in order to provide assistance during the current state budget impasse.
Insurance companies, during their Hollywood period (roughly the early '90s), offered to insure gap loans on films.
Gap loans were originally used to cover (or "bridge") the difference between a construction loan and a permanent loan.
The support for homewners package will include independent financial advice, Homeswap, shared ownership and equity gap loans.
Aperture offers a full spectrum of standard and customized senior and mezzanine credit products including: bridge loans, finishing funds, gap loans, library advances, print and advertising (P&A) loans, production loans, sales agent advances, tax credit monetization, and ultimates financing.
These solutions may have one or many components, such as gap loans between past and current income, short-term hardship loans, consolidation loans, interest-only payments on existing loans, deferring payments, waiving fees, etc.