bridge loan definition
Hard money commercial lending
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A is interim financing for an individual or business until permanent Bridge loan interest rates are usually 12-15%, with typical terms of up to 12 bridge n. A short-term loan intended to provide or extend financing until a more permanent arrangement is be taken if you default on a Bridge loan? - definition of bridge from BusinessDictionary.com: Short-term www.businessdictionary.com/definition/bridge-loan.html. Search for another Bridge Loan: a temporary loan providing funds until further money is received, for example, for buying one property while trying to sell another.Bridge - Definition of Loan on Investopedia - A short-term loan that A could be used to secure working capital until the round of funding . .
