Bridge financing


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Bridge financing

Interim financing of one sort or another used to solidify a position until more permanent financing is arranged.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bridge Financing

Financing or credit that an investment bank or venture capital firm extends until long-term financing can be arranged or an obligation is removed. If bridge financing is a loan, interest rates are relatively high, often 12-15%. Some institutions, however, accept payment in the form of equity in the company receiving the financing, often in order to sell to investors later. Bridge financing is used to satisfy working capital needs; for example, if a company is arranging for an IPO or a bond issue in the coming months, but needs capital before then, it may arrange bridge financing. See also: Angel investor.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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BANKING AND CREDIT NEWS-August 29, 2019-Walker & Dunlop lends bridge financing for Illinois skilled nursing facility acquisition
Global Banking News-August 29, 2019-Walker & Dunlop lends bridge financing for Illinois skilled nursing facility acquisition
M2 EQUITYBITES-August 1, 2019-Efore agrees on EUR1.0m short-term bridge financing
NORDIC BUSINESS REPORT-August 1, 2019-Efore agrees on EUR1.0m short-term bridge financing
The firm provided short-term bridge financing for seven skilled nursing properties, six of which are located in North Carolina.
The funds have been transferred to the merged districts as bridge financing to meet the expenses of the district administrations, including the cost of fuel, electricity, telephone, internet, and transport repair.
DBF, along with a bank partner, provided $30,545,000 in floating-rate bridge financing on the acquisition of the Clarity Pointe Portfolio, a 174-bed Memory Care portfolio encompassing three properties in Arkansas and Tennessee.
AMI has secured committed bridge financing from existing investors to fund the acquisition, which is expected to close on or about July 1, 2018.
Cancer immunotherapy company EpiVax Oncology Inc reported on Tuesday that it has completed bridge financing of USD1.2m.
Bethesda-based commercial real estate services and finance company Walker & Dunlop Inc.announced Thursday it structured$81,827,200in bridge financing for the acquisition and repositioning ofLandmark at Lake Village NorthandLandmark at Lake Village East, two garden-style apartment communities inGarland, Texas.<br />Led by Managing DirectorAlex Inman, Walker & Dunlop secured two bridge loans from a regional bank on behalf of the owner, Madera Residential.
nd bridge financing to implement business plan related projects in the port city of Gwadar.The Chief Minister who is also Chairman of the Governing Body of the GDA was briefed by the Director General of the GDA about the performance and other issues in the meeting that continued for several hours.