Loans paid back by loans

Those who pay back one loan with another tend not inspire the greatest confidence, which is quite natural 
in business. In today’s conditions, when it is nigh on impossible to get the money to pay for a hole in the ground, companies are trying to raise finance by mortgaging existing buildings. Debts are paid off with 
the loan and the remainder is invested in new projectsEmil GóreckiThe investment scene has been mired in despondency since the beginning of the year, although several major transactions have been concluded in Poland this summer. In late June ,Echo Investment was granted a loan of almost EUR 32 mln by Westdeutsche ImmobilienBank. Part of the loan was used to refinance construction of the first stage of the Malta Office Park office complex in Poznań, with the remainder to be used to cover the costs of the next stage of the project and to finance the company’s current operati