A new, additional loan granted to a private household, a company or a public body after the loan originally granted was not sufficient for the intended project. – In the case of supplementary financing, banks usually increase their requirements for the collateralization of the follow-up loan and also renegotiate the interest rate.
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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
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/