BRIDGE LOANS
A bridge loan is a short-term loan used to "bridge the gap" between a borrower's immediate financing need and a more permanent or long-term financing solution.
It's commonly used in real estate and business acquisitions.
BRIDGE LOAN
Bridge loans offer temporary financing, allowing you to purchase a new home before selling your current one. They provide quick access to fundBullet lists, making your transition easier.
Fast Approval: Get funds quickly to secure your new home.
Flexible Solutions: Tailored to meet your specific needs.
Easy Transition: Simplifies the process of moving between properties.
Key Features of a Bridge Loan:
Short term: Typically 6 to 12 months.
Quick access to cash: Often faster to fund than traditional loans.
Collateral-based: Usually secured by real estate or business assets.
Common Uses:
Funding renovations before refinancing.
Covering urgent cash needs in business acquisitions or expansions.
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