They are less dependent on banks and use more long-term financing.
And as costs increased, the system relied more on long-term financing.
"We believe this was very attractive long-term financing," he said.
Why not offer long-term, low-interest financing for preschool child care?
The move will increase those costs slightly for long-term financing.
He said the construction cost was estimated at $12 million, to be raised by the society through long-term financing.
Its goal is to provide long-term financing for endeavors that contribute to the country's development.
However, this is for larger projects and medium- to long-term financing.
"If we see a rise in the cost for long-term financing, then the same driver that was driving consumers could take them the other way."
Mortgage bonds are used for long-term financing and investment in the wider economy.
It committed to a construction loan and permanent financing that will speed development to a conclusion late this year.
Once the building was completed, permanent financing was put in place.
Bridge loans are supposed to tide a company over until it can arrange permanent financing.
By June, the company was ready to put permanent financing in place.
Once the project was built and tenants found, permanent financing would be supplied by a pension fund, insurance company or investment group.
Capital is the cushion of permanent financing that helps a bank absorb losses.
Now he wants to retire that loan and put in permanent financing.
These grants were meant to spur states to set up permanent financing to prevent child abuse.
Second, states should provide permanent financing for legal services.
The company said it had enough permanent financing to proceed with its reorganization.