Self-liquidating loan

Self-liquidating loan

Loan to finance current assets. The sale of the current assets provides the cash to repay the loan.

Self-Liquidating Loan

A loan used to finance the purchase of assets intended to be sold within a short period of time. For example, a company may use a self-liquidating loan to pay for its inventory, which it intends to quickly sell. It is called a self-liquidating loan because the proceeds from the sale of the assets provide the capital with which the debtor may repay the loan.
References in periodicals archive ?
The self-liquidating loan was placed with a Savings Bank at a 15-year fixed interest rate of 3.
The 25-year self-liquidating loan features a competitive fixed-rate of 4.
The 10 year self-liquidating loan was structured with a fixed-rate and flexible prepayment schedule for the borrower, an affiliate of Wainwright Realty Co.
In addition, Scott arranged an $18 million, long-term, self-liquidating loan for a 400 unit multi-family complex in Parsippany, NJ.
Working exclusively for the borrower, MSS Millburn Realty Company, Greg Nalbandian, managing director, structured a 22-year self-liquidating loan at a 4.
A 20 year self-liquidating loan which is ground leased to a major national bank in Bedminster, NJ.
The deal featured a 15-year self-liquidating loan at a rate of 6.
5 million, 20-year self-liquidating loan was arranged for two medical office buildings located at 741-743 Northfield Ave.
95 million self-liquidating loan for a two-story, 25,536 SF office building in New Providence, N.
In a joint effort with CTL Capital, they were able to provide $235 million of mortgage financing proceeds on a 30-year self-liquidating loan to Michaels client.
The self-liquidating loan was placed with Guardian Life Insurance Company of America, whom MRG-NJ represents.
Robert Goldman & Company, the $30 million mortgage is a 25-year self-liquidating loan with a 7.