Interim financing.

Interim financing. A temporary or short-term loan made with the clear intent when the loan is made that it will be repaid through another loan that provides permanent financing. Interim financing is frequently used to pay construction and other costs associated with a planned project, with permanent financing to be obtained after project completion.

Source

7 CFR § 4279.2

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Scoping language

Definitions. The following definitions apply to this subpart:

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