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gap financing

   Also found in: Wikipedia 0.02 sec.
Gap Loan
Financing that is needed but unavailable. A common solution to filling a gap is borrowing. See also: Bridge loan.

gap financing

A loan that covers the difference between the construction loan and the permanent financing.See bridge loan.



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These may include loans, equity tax abatements, tax credits, the offer of a guarantee, collateral or some other form of credit enhancement, gap financing, remediation of environmental concerns, incentives, and grants.
Once the credits are awarded, there are additional time frames within which we have to secure investors and gap financing.
Byline: Alison Gregor Real estate experts are speculating that some form of gap financing may be integral to the recovery of the commercial mortgage-backed securities (CMBS) market, and ultimately the overall real estate market.
 
 
 
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