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Branch funding.


The owner of a Metropolitan National Bank branch in the Heights area of Little Rock secured a $1.6 million funding agreement Funding Agreement

Illiquid insurance contracts that provide guaranteed principal repayment and interest payments for a predetermined period of time.

Notes:
Funding agreements are marketed to mutual fund companies and municipal reinvestments.
.

Kidco Properties Inc., led by L. Walter Wal·ter   , Bruno 1876-1962.

German conductor noted for his interpretations of Mozart and Mahler.

Noun 1. Walter - German conductor (1876-1962)
Bruno Walter
 Quinn III, obtained a 30-month loan of $1.2 million from Allied Bank of Mulberry mulberry, common name for the Moraceae, a family of deciduous or evergreen trees and shrubs, often climbing, mostly of pantropical distribution, and characterized by milky sap. Several genera bear edible fruit, e.g.  and a three-year loan of $444,769 from Heartland Community Bank of Bryant.

The 0.3-acre development at 5500 Kavanaugh Blvd. previously was linked with a May 2003 mortgage of $1.1 million held by Metropolitan and a March 2006 mortgage of $210,000 held by Allied Bank.

Kidco assembled as·sem·ble  
v. as·sem·bled, as·sem·bling, as·sem·bles

v.tr.
1. To bring or call together into a group or whole: assembled the jury.

2.
 the property in two buys totaling $631,000. The sellers were Greer Lile, $300,000 in June 2001, and Susan Fuller, $331,000 in January 1992.
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Title Annotation:Real Deals: A Look at Important Real Estate Transactions
Author:Waldon, George
Publication:Arkansas Business
Date:May 4, 2009
Words:120
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