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The other source of capital might be new entrants, like Cerberus, which has used its debtor-in-possession financing business to give it an edge in acquiring telecom assets for a song.
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That has meant that lenders without other sources of capital have been unable to raise money.
"The huge funding gaps that most states have creates a clear economic need for other sources of capital".
The legal infrastructure of funds would have to continue to accommodate tax-exempt investors, which include other sources of capital like foundations and university endowments.
(A bank uses its deposits to fund loans; a non-bank lender has to find other sources of capital to lend).
Most of the proposals rely on private financing from banks and other sources of capital: the only city subsidy guaranteed is the land itself, which is being transferred for a nominal fee.
Nasdaq, which has been studying its potential response to the NYSE-Deutsche Borse deal, is in talks to raise up to $5 billion in debt financing from several banks and other sources of capital, these people said.
She had no other sources of capital.
But as Ross acknowledged, other sources of capital need to do more.
On the other hand, even in the absence of a cash crunch, this financing mechanism might have advantages over other sources of capital.
The company raised an undisclosed amount last September from Kleiner Perkins and Charles River Ventures, and also has other sources of capital, including debt and credit lines, available to it.
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