bridge financing

American  

[brij fi-nan-sing, fahy-nan-sing] / ˈbrɪdʒ fɪˌnæn sɪŋ, ˌfaɪ næn sɪŋ /

noun

1. interim or emergency financing through a short- or medium-term loan bridge loan orswing loan.

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Example Sentences

The $44-million fund, supported by public and philanthropic dollars, is intended to bridge financing gaps and accelerate development.

From Los Angeles Times

The portfolio comprises fund subscription credit lines extended to private-equity firms to help manage liquidity and bridge financing for investments and includes $9 billion of funded loans.

From Reuters

AGCO, which also said it would place its grain and protein business under a strategic review as it seeks to transform its portfolio, has secured $2.0 billion in fully committed bridge financing from Morgan Stanley for the transaction.

From Reuters

The New York-based company said it has received fully committed bridge financing for the cash part of the transaction, and plans to issue about $5.9 billion of debt between the signing and the closing of the deal.

From Reuters

"They went and got bridge financing from first a bank, then in February 2022 they got a second loan of $6 million from two different companies," Lowell said.

From Salon