Bridge Loans are short-term loans intended to provide or extend financing until a more permanent arrangement is made.
Generally loans can be closed within 10 days. Loans range from $100,000 to $20,000,000. Collateral can be publicly traded stock, accounts receivable, real estate, machinery and equipment.
BENEFITS OF A BRIDGE LOAN
Quick turn around
Flexible Loan Structure
Provides working capital when more traditional forms of financial assistance are not readily available.