Which of the following best describes a Bridge Loan?
Bridge loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for meeting short-term liquidity requirements. Bridge loans help in bridging the gap between short-term cash requirements and long-term loans. These loans are normally extended for a period of 12 months. These loans are provided at exorbitant rate of interest and are normally backed by an asset collateral like equity, debentures etc.
Which element is most abundant by mass in the earth's crust?
Which principle allows chalk to write on a blackboard?
What are the initial symptoms of Mpox?
What does 'Hoar Frost' directly convert from?
'Bandwagon-1' is a rideshare mission launched by which organization?
Which medicinal plant is botanically named Cinchona officinalis?
Days and nights are equal at _______
What is the Fahrenheit equivalent of 600°C?
Which canal links the Atlantic and Pacific Oceans?
_________ is a good conductor of heat, but a bad conductor of electricity.
