Temporary financing to solidify a company until more permanent financing is settled, normally by profits from sales. – The short-term and temporary provision of a loan by a bank to a – highly creditworthy, first-class – debtor prior to its going public or its next major private equity transaction (capital provided on a short-term basis to a company prior to its going public or its next major private equity transaction). – In a broader sense, also referred to as the providing of sufficient cash needed for operational purposes by the relationship bank. – See equity bridge financing, loan, short-term, bridge loan.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
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https://www.gerhardmerk.de/