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What is a Bridge Loan? How Does it Work? – ValuePenguin – Bridge Loan Definition. A bridge loan is intended to "bridge the gap" until you can secure more permanent long-term financing. Also known as swing loans or interim or gap financing, these loans are short-term loans with maturities generally up to one year and are usually secured by some sort of collateral. Most of the time, this collateral.
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A bridge loan is a short-term loan used until a person or company secures permanent financing or removes an existing obligation. It allows the user to meet current obligations by providing.
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