'financial close' is correct and usable in written English.
You can use it when you are referring to the conclusion of financial proceedings. For example: "The deal was successfully completed with a financial close last month."
Responding to a parliamentary question from Chris Williamson, MP for Derby North, Burns said: "I am aware of the consequences of failing to conclude the procurement and as you would expect, my department is closely monitoring progress, including assessing options were it not possible to secure financial close".
It is this "financial close" that was referred to by Burns in his parliamentary answer.
"If they've got no banks lined up, which I don't think they have, you can't go to financial close".
"They've been drawing a line in the sand and that is that they need financial close by October 2015.
The project then moves to the financing contracts, or financial close, which must be approved by individual banks' finance committees.
All 12 of the recent projects reached financial close in months, and all with record low levels of grant funding.
Stilwell Financial closed at $48.50, up $3.25 on the Big Board, as almost 1.7 million shares were traded.
The deal was announced after Richmond County's shares closed at $17, up 37.5 cents, and South Jersey Financial closed at $16.6875, down 18.75 cents.
But if your motivations are social rather than financial, closing a project that you've invested your time, money, energy and belief in is far more difficult.
Ant Financial closed its Series A last summer, while that deal was undisclosed it came at a valuation of $45-$45-$50 billion
Elsewhere in the financial services space, American Express Company finished down 2.8% to $45.86, Fidelity National closed down 1.3% at $25.96 and Capital One Financial closed in the red, down 2.7% at $44.89.
