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The West One Bridging Index (WOBI) is a collection of data intended to measure the state of the UK bridging market. Bridging is in effect a short-term loan designed to help a borrower obtain immediate funding to begin a particular project. In most cases, this loan is repaid once a longer term
A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing. [1] [2] It is usually called a bridging loan in the United Kingdom, [3] also known as a "caveat loan," and also known in some applications as a swing loan.
In July 2015 the European Commission proposed to re-activate the EFSM to provide financing for a bridging loan to the government of Greece, in order to meet its immediate commitments including loan repayments to the IMF and ECB. [8] In August, the loan of around €7 billion was fully repaid by Greece. [9]
Bankrate insight. Some lenders that offer business bridge loans include: National Funding. SMB Compass. QuickBridge. Private bridge loan lenders. Also called direct lenders, these private ...
For the 2009/2010 academic year, students living at home were entitled to an extra £1,075 (bringing the total loan to £3,838); students living in London were entitled to an extra £1,940 (bringing the total loan to £6,928); and students living elsewhere in the UK were entitled to an extra £1,386 (bringing the total loan to £4,950).
In the U.S., A-term loans have become increasingly rare over the years as issuers bypassed the bank market and tapped institutional investors for all or most of their funded loans. An institutional term loan (B-term, C-term or D-term loan) is a term-loan facility with a portion carved out for nonbank, institutional investors.