Bank pool loan
id:
bank-pool-loan-281-5264183
title:
Bank pool loan
text:
A bank pool loan (BPL) is a fairly new form of loan, used by US based firms trading on public markets that need funding of under $10,000,000. In a BPL, a group of European based banks, create a European firm whose sole purpose is to loan money to a US based company. Because this loan to the European based bank is completely insured, the BPL does not have as high a risk if the loan is defaulted on. Additionally, the pool actually makes more annual interest than if they were to loan money traditio
brand slug:
wiki
category slug:
encyclopedia
description:
Form of loan, used by US based firms trading on public markets
original url:
https://en.wikipedia.org/wiki/Bank_pool_loan
date created:
date modified:
2021-04-25T01:23:15Z
main entity:
{"identifier":"Q4856220","url":"https://www.wikidata.org/entity/Q4856220"}
image:
fields total:
13
integrity:
14