Bridge Loan
July 23, 2014 | | Kris Tabetando | 0 Comment
A bridge loan is generally a short-term loan offered to a business to cover an unusual expense or a decline in revenues.
Sometimes borrowers use bridge loans as initial financing for a project like a real estate venture prior to getting full long-term financing from traditional lenders. Some business buyers use bridge loans to fund the first 90 days of taking over a new business.
Author: Kris Tabetando
Kris Tabetando provides mergers & acquisitions (M&A) advisory and brokerage services to Internet companies. He also partners with investors to acquire & manage Internet businesses.
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