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BRIDGING LOANA bridging loan is a short-term advance pending receipts of funds by the borrower from the same or another source.
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BRIDGING LOANA short term loan (usually at a higher rate) taken out to cover the financial gap between buying a new property and selling an existing property.
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BRIDGING LOANIf a house purchase arrangement involves the sale of one property and the purchase of another it will normally be most convenient if the two deals are concluded simultaneously. If this i [..]
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BRIDGING LOANA form of short-term financing used until longer-term financing can be achieved.
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BRIDGING LOANA short-term loan usually sought as an alternative when consumers need money quickly to complete a transaction. For example, a bidder at an auction may close a deal using a bridging loan. The loans are also popular when consumers want to buy a real estate property while they are selling an existing property or waiting on a deal for that property to [..]
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BRIDGING LOANIs a short-term loan that is offered under the expectation of a long term loan. The interest rate applied to this loan is generally higher than that of longer loans.
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BRIDGING LOAN
bridge loan|lang=en
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