Definition Of A Bridge Loan

What is bridge loan? definition and meaning. – Short-term (usually one to three months) loan advanced to cover the period between the termination of one loan and the start of another. It is arranged generally to complete a purchase (such as a new house) before the borrower receives payment from a sale (of the old house), or before a long-term loan is made available upon fulfillment of its requirements (such as commissioning of a facility.

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Definition Of Bridge Loan – DST Property – bridge loan meaning: an arrangement by which a bank, etc. lends a company or person some money for a short time until that person can get the money from somewhere else Definition of "bridge loan" – English Dictionary.

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Definition of Bridge Loan A bridge loan is a short-term loan intended to "bridge" a gap in available financing. For example, buyers may use a bridge loan to purchase another home before they are able to sell their current home.

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A bridge loan is a short-term loan designed to cover the time it takes a borrower to secure permanent financing or remove an existing obligation. The bridge loan is an immediate source of cash that helps a borrower meet his or her payments.

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Bridge loan – definition of bridge loan by The Free Dictionary – Define bridge loan. bridge loan synonyms, bridge loan pronunciation, bridge loan translation, English dictionary definition of bridge loan. n. A short-term loan meant to provide or extend financing until a more permanent arrangement is made. Also called swing loan . n. a short-term loan used for.

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Bridge Loans | legal definition of Bridge Loans by Lawinsider.com – Bridge Loans shall mean the loans made by Parent under the Bridge Loan Agreement. Borrowings of Bridge Loans under this Agreement shall be loaned by the applicable Lenders pro rata on the basis of their Commitments.

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