Gap Financing

1 minuteread by Gary Huddleston

Gap Financing — also referred to as bridge or interim financing, gap financing refers to a short-term loan for the purpose of meeting an immediate financial obligation until sufficient funds to finance the longer-term financial need can be secured. Gap financing carries a higher cost to the borrower and is most appropriately used to meet short-term cash flow needs.

1 minuteread by Gary Huddleston

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