permanent financing

Permanent financing

Long-term financing using either debt or equity.

Permanent Financing

Debt-financing or equity financing with a term of longer than several years. Permanent financing is used to build or maintain fixed assets such as factories or machinery.

permanent financing

The long-term financing that supports a long-term asset.
References in periodicals archive ?
Charles Yellen arranged permanent financing in the amount of $8,300,000 for industrial land and a Hertz facility on Steinway Street in Queens.
65 million of permanent financing for the 6301 Bandel Road building in Rochester, Minn.
CalHFA's new 30/15 Permanent Financing Program will allow developers to pay off the CalHFA loans after 15 years.
The developers of a 500-room hotel in Isla Grande's Convention Center District have secured the interim financing for the project and were hopeful the Government Development Bank (GDB) would approve their application for permanent financing as early as mid-May, reports Caribbean Business (May 2, 2005).
However, it appears that the parties always intended the first agreement to be an interim financing arrangement that would be changed (in a relatively short time) into more permanent financing.
The action arises from O&Y's termination of a March 9, 1983 $250 million loan commitment pursuant to which TIAA was to provide permanent financing for One World Financial Center in lower Manhattan.
In the case of new facilities, we finance the construction and then, once they are completed, we always do the permanent financing.
However, it concluded the section 162(k) prohibition on deduction extended to the financing costs associated with bridge loans and permanent financing because such debt was part of Fort Howard's redemption plan and the buyback and the permanent debt's issuance were only eight days apart.
a Philadelphia based real estate investment banking firm, secured $60,800,000 in permanent financing for The Edge at Avenue North student housing complex, the largest single structure student housing building in Pennsylvania.
7,775 million permanent financing of a six-story mixed use property comprised of 10 newly constructed residential units and two commercial units, and a new four story/ three-unit multi-family property.
50 net per share, and for permanent financing in order to consummate a merger of the two companies.
a Philadelphia based real estate investment banking firm secured $60,800,000 in permanent financing for The Edge at Avenue North student housing complex, the largest single structure student housing building in Pennsylvania.