Tuesday, September 25, 2012
All You Need To Know About A Bridging Loan
A Bridging Loan is a short-term loan that can be used for immediate cash outflows. It usually bridges the gap between two forms of financing. A person will pay back the bridging loan when their long-term finance has been approved. Usually these loans have high interest rates as compared to other loans. The Bridging Loan is known as a temporary loan and is of great help at the time of a cash shortage.
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