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bridge loan

   Also found in: Financial, Wikipedia 0.01 sec.
bridge loan
n.
A short-term loan intended to provide or extend financing until a more permanent arrangement is made.


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A portion of CPC's construction loan, $400,000, serves as a bridge loan against a committed New York State Restore grant.
We are trying to keep the industry sound and running, protect the assets, keep production flowing with this bridge loan .
Bridge Loan Basics Have you ever been stuck in between a new property and the old one, paying both mortgagesIf you have ever been stuck in between the purchase of your new home and the sale of your old home, understanding bridge loans would have been helpful Bridge Loan Basics Have you ever been stuck in between a new property and the old one, paying both mortgages.
 
 
 
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