# Interim construction loan

- Canonical URL: https://www.gerhardmerk.de/interim-construction-loan
- Post ID: 593745
- Modified: 2023-07-25T21:02:59+00:00
- Language: en

## Definition

Loan granted by a bank to finance a construction project. After completion and official acceptance (acceptance of construction work, final acceptance; in Austria and Switzerland, acceptance of buildings and facilities is called collaudation) of the construction work, the loans granted up to that point are usually combined into a final construction loan (takeout loan). - See construction completion loan commitment, construction completion insurance, real estate loan restriction, estimate, low held. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! 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 https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1