Long-term debt or equity financing. In general, permanent financing is used to purchase or develop long-term fixed assets like factories and machinery. Since the payoff from a long-term asset tends to be over a period of time, financing through long-term options reduce the risk of principal payoff not being made (in the case of debt financing).
Related information about permanent financing:
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 Corporate finance: long-term financing by means of either debt (bonds or long-  term notes) or equity (common or preferred stock)
 
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 Permanent Financing - What is permanent financing? Permanent financing is   long term debt or equity financing.
 
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