Gap Loan

Gap Loan

Financing that is needed but unavailable. A common solution to filling a gap is borrowing. See also: Bridge loan.
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$50,000 gap loan has been approved for Kare Mobile Inc., a technology company that has an emphasis on software development.
"Worldview may end up providing nothing at the end of the day beyond the gap loan, depending on how we do in Cannes," said Stacy Sher, who is producing the film with Michael Shamberg, Braff and his brother Adam Braff.
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.
One deal was done, though-the signing of Paul Jones following Jerzy's injury.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.
In a typical gap loan, the producer of an $8 million project has pre-sold $6 million in distribution contracts.
The Illinois Bankers Association said banks throughout Illinois are offering short-term payroll gap loans at minimal or no cost to their state employee customers in order to provide assistance during the current state budget impasse.
BANKING AND CREDIT NEWS-July 14, 2015-Banks in Illinois offers payroll gap loans to state employees
Insurance companies, during their Hollywood period (roughly the early '90s), offered to insure gap loans on films.
Of particular concern to the student group are so-called "gap loans" issued by for-profit colleges to cover the difference between tuition and a student's ability to pay.
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.