Bridge Loan Definition Is

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Bridge loan financial definition of bridge loan
bridge loan. A short-term loan intended to bridge the gap between other transactions. (1) Temporary financing obtained at the end of a construction loan period but before permanent financing can be arranged.
What is a Bridge Loan? How Does it Work? - ValuePenguin
Bridge Loan Definition A bridge loan is intended to “bridge the gap” until you can secure more permanent long-term financing. Also known as swing loans or interim or gap financing, these loans are short-term loans with maturities generally up to one year and are usually secured by some sort of collateral .
Bridge loan Definition |
A bridge loan, also called a swing loan or gap financing, is a short-term loan used to buy assets or covers obligations until longer-term financing is found. Both consumers and businesses use ...

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