What is a standby commitment when and why is it used- what, Finance Basics

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What is a standby commitment when and why is it used- what

1. What is a standby commitment? When and why is it used?

2. What is a mini-perm or bullet loan? When and why is this type of loan used?

3. Third-party lenders sometimes provide gap financing for project developments. Why is this lending used? How does it work?

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Finance Basics: What is a standby commitment when and why is it used- what

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Finance Basics: What is a standby commitment when and why is it used- what

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