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Facilities of bridge loans center?

 
 
Reply Wed 9 Jan, 2013 10:47 pm
Facilities of bridge loans center?
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Type: Question • Score: 0 • Views: 764 • Replies: 2
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felcanadaloan
 
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Reply Mon 2 Feb, 2015 02:49 am
@LUNDQUIST,
I think a company bridge loan could be used to secure working capital until the round of funding goes through.
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matrinmax
 
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Reply Tue 27 Oct, 2015 06:12 am
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.
(2) A loan obtained by a home buyer when the equity from an existing home is necessary to provide the down payment for a new home,but the buyer has been unable to sell his or her old home as of that time (frequently offered by employers who transfer employees to new cities).
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