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Bridge Loans

What is a Bridge Loan & How Do They Work?
Bridge Loans

What is a Bridge Loan & How Do They Work?

ByRon Morillo 25 May19 October

Bridge loans, in commercial building or business lending projects, refer to a sum of money lent by a bank or private lender that is used to cover a period of time and costs between two transactions. Basically, it is a short-term loan. Many times the person needing the bridge loan will use the current commercial…

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