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| Subject:
Loan question
Category: Business and Money Asked by: shoaib-ga List Price: $5.00 |
Posted:
10 Mar 2003 10:46 PST
Expires: 11 Mar 2003 11:37 PST Question ID: 174241 |
In the website of www.firstcarter.com it is written that "while we do private placements and arrange direct loans using our collateral we specialize in arranging financing packages designed to "bridge the gap" between what the maximum borrower needs are or maximum loan-to-project cost and what he can qualify for in today's 'risk free' lender requirements market by bringing in short term silent(Joint Venture) partners who provide through a Private Placement the additional funds needed for the term duration needed but take no equity in the project but however for some projects we can arrange total project funding through those private sources with or without equity", I want to know that what is 'exact meaning' of the above mentioned statement? |
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