A relatively new type of loan that allows U.S. companies to borrow up to $10 million from European banks. With this type of loan, a group of European banks form a pool whose sole purpose is to lend money to a U.S. company. The loan is usually secured by stock in the U.S. company.

Related information about bank pool loan:

1. Bank pool loan - Wikipedia, the free encyclopedia
   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 ...
    
2. What is bank pool loan? definition and meaning
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8. Donald Clark, Jr. - Butler, Snow, O'Mara, Stevens & Cannada, PLLC
   Mississippi Development Bank Pool Loan Program - Allows local governmental entities to borrow for projects on a variable rate basis with flexible repayment ...