About: Bridge loan   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

A bridge loan is a short-term loan used until a person or company secures permanent financing or removes an existing obligation. This type of financing allows the user to meet current obligations by providing immediate cash flow. The loans are short term, up to one year, with relatively high interest rates and are usually backed by some form of collateral such as real estate or inventory. (Source:)

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  • Bridge loan
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  • A bridge loan is a short-term loan used until a person or company secures permanent financing or removes an existing obligation. This type of financing allows the user to meet current obligations by providing immediate cash flow. The loans are short term, up to one year, with relatively high interest rates and are usually backed by some form of collateral such as real estate or inventory. (Source:)
  • In connection with a start-up company, a bridge loan is a short-term loan, typically with warrants or other debt instruments, to assist the company until a pending round of financing closes.
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abstract
  • A bridge loan is a short-term loan used until a person or company secures permanent financing or removes an existing obligation. This type of financing allows the user to meet current obligations by providing immediate cash flow. The loans are short term, up to one year, with relatively high interest rates and are usually backed by some form of collateral such as real estate or inventory. (Source:)
  • In connection with a start-up company, a bridge loan is a short-term loan, typically with warrants or other debt instruments, to assist the company until a pending round of financing closes.
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