This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Bridge loan" – news · newspapers · books · scholar · JSTOR(August 2007) (Learn how and when to remove this message)
A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing.[1][2] It is usually called a bridging loan in the United Kingdom,[3] also known as a "caveat loan," and also known in some applications as a swing loan. In South African usage, the term bridging finance is more common, but is used in a more restricted sense than is common elsewhere.
A bridge loan is interim financing for an individual or business until permanent financing or the next stage of financing is obtained. Money from the new financing is generally used to "take out" (i.e. to pay back) the bridge loan, as well as other capitalization needs.
Bridge loans are typically more expensive than conventional financing, to compensate for the additional risk. Bridge loans typically have a higher interest rate, points (points are essentially fees, 1 point equals 1% of loan amount), and other costs that are amortized over a shorter period, and various fees and other "sweeteners" (such as equity participation by the lender in some loans). The lender also may require cross-collateralization and a lower loan-to-value ratio. On the other hand, they are typically arranged quickly with relatively little documentation.
A bridgeloan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing...
to a bridgeloan, which usually has similar criteria for lending as well as costs to the borrowers. The primary difference is that a bridgeloan often...
with mortgage loans or property loans such as a bridgeloan. It is an interim loan given to finance the difference between the floor loan and the maximum...
A mortgage loan or simply mortgage (/ˈmɔːrɡɪdʒ/), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real...
competitions over the course of his six-year stay at Stamford Bridge. He also spent time on loan with Fulham before later in 2009 joining Manchester City,...
their loans. Merckle made personal guarantees to the banks, also from his private assets. By negotiating with the banks he received a bridgeloan to keep...
on 25 February 2022, and joined Northern Premier League side Bamber Bridge on loan on 26 March for the remainder of the 2021–22 season. He made his debut...
banks were registered on the Vidya Lakshmi Portal and offered 137 loan schemes To bridge the constraint of increasing institutional fees, NSDL e-Governance...
modified to resemble the first cable stayed Penang Bridge. The bridge has been built with a large loan from the People's Republic of China to continue and...
award for under-18 players. On 13 August 2021, Apter joined Bamber Bridge on loan. As of 2 December, he had scored ten goals in all competitions, including...
construction on the property. In turn, they could not repay a $1.6 million bridgeloan, which later became the center of a lawsuit filed against the museum...
000 loan to help it through what he said was a short-term cash flow problem. In a statement on behalf of Mr Delaney, the FAI said the "bridgingloan" was...
the AHN stake. New York real estate tycoon Howard Milstein offered a bridgeloan, which was accepted. Belo's stake eventually was brought back by AHN...
Bangladesh bridgeloan over corruption". BBC News. 30 June 2012. Archived from the original on 15 September 2016. Retrieved 31 December 2016. "Bridge-mending"...
administration provided a "bridgeloan" to General Motors with the requirement of a revised business plan. It said it needed $4.6 billion in loans within weeks, from...
Official Development Assistance loans, it has a total length of 2.16 kilometers (1.34 mi)—the second longest bridge spanning a body of seawater in the...
NuTonomy, was CEO of Motional as of 2023. In March 2024, Motional took on a bridgeloan to sustain further operations while the company seeks alternative funding...
Retrieved November 12, 2022. Cohan, William D. "The S.B.F. Chronicles: The BridgeLoan to Nowhere". Puck. Archived from the original on December 24, 2022. Retrieved...
earnings deadline. According to the government, Enron misreported a bridgeloan as a true sale, then bought back the barges a few months later. Merrill...
bridgeloan, Tony pretends to have forgotten it and offers to pay the vig. Hesh was not charging interest and is insulted that Tony treats the loan as...
refinanced its debt with a $600 million loan in 2023 and received a bridgeloan of $150 million in January, the two loans coming from a group of asset management...
its land loan to December 17. The day the land loan was due, Extell closed a new $235 million bridgeloan with JPMorgan Chase and hedge funds Fortress Investment...
Global Information