what is bridge finance
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Answer / srinivasa reddy
It refers to loans taken by a company normally from commercial banks for short period,pending disbursement of loans sanctioned by financial institutions.Generally the rate of interest of Bridge finance is Higher as compared with term loans.
Is This Answer Correct ? | 34 Yes | 1 No |
Answer / poorna
It is a finance usually borrowed by the companies from the commercial banks on short term repayment proposal,where the interest rates are very high compared to term loans...
Is This Answer Correct ? | 11 Yes | 1 No |
Answer / maryum fahim
Interim financing of one sort or another used to solidify a position until more permanent financing is arranged.
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Answer / lokesh reddy
before formation of company or company share before issue to IPO they want some money , that money given by financial institutions that is called bridge finance
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