Part of it might be that. Even for US donations, between the time that somebody makes a credit-card donation and the cash actually clears the bank could be several days or weeks. The loan might be to cover funds that have been donated, but not cleared.
I’ve donated with my credit card over the years. Never once did it take weeks. Of course, my credit cards are US issued.
If these guys are collecting $170-181M in a month and had millions left after the ‘08 campaign, what’s the need for $15M? Basically, it’s chump change unless the $170-181M doesn’t really exist and/or represents donations that they know will have to be returned. Check their ‘08 FEC reports to see how many donations had to be returned.
This loan makes absolutely no sense if their stated fundraising is accurate and true. Interesting that the loan was made after Romney’s fundraising began to exceed Obama’s and comes due 10 days after the election.