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But this short-term finance often supports long-term projects, creating a dangerous maturity mismatch.
Freddie Mac was able to raise $3 billion in short-term finance on July 14th.
The new complication is that bank deposits are no longer the dominant form of modern short-term finance.
Banks increased their lending to provide short-term finance for companies suddenly deprived of access to the commercial-paper market.
Around this time, Glenn Stewart began advising Sanea on various short-term finance mechanisms, including transactions that were compatible with Sharia law.
The more reliant banks are on short-term finance, the more dependent on confidence they are.French banks' dependence on shorter-term, wholesale finance is partly structural.
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Cities are generally not dependent on short-term financing.
I'm looking for $3 billion in short-term financing".
Moreover, CIT appears less dependent on short-term financing.
But they depend heavily on short-term financing through the capital markets to finance their assets.
The IMF cannot provide that; it deals in short-term financing.
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