In many developing countries, the use of collateral is the main way to secure bank financing.
Up to $2.7 billion in additional funds would come from bank financing.
But they appeared to have foundered again on bank financing.
So I passed the hat among friends, and with additional bank financing raised $400,000 to buy the franchise.
The partners will finance the project, expected to cost $40 million, with 75 percent of their own equity and the rest in bank financing.
He said the rates had not been set, but would be below conventional bank financing.
The total cost for the project was more than $2.6 million in public and private funds, as well as bank financing.
He said the company would use its own money to start the project and then seek bank financing.
But Western lawyers here and one of the hotels' managers said bank financing has been difficult get.
The remaining $375 million would be raised in 1993 through bank financing.
But will the banks that refused to finance a $6.8 billion deal last October back the lower offer?
The central bank has sometimes financed these takeovers with its own funds.
It assumed that banks would finance industry and come to the rescue in times of need.
While a major bank is financing the hotel project, Engr.
New methods were then sought to have banks finance the loans.
That has broken the cycle of banks directly financing companies.
Most banks won't finance manufactured homes when there is no land included in the loan.
As European companies take on global competitors, the founders' families and banks can no longer finance them.
And brokers say banks are once again financing studios of less than 500 square feet.
He stepped in when banks would not finance fledgling cable systems.
