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.
| Is This Answer Correct ? | 1 Yes | 0 No |
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
| Is This Answer Correct ? | 0 Yes | 0 No |
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