bridging loan


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bridging loan

n
(Banking & Finance) a loan made to cover the period between two transactions, such as the buying of another house before the sale of the first is completed
Translations

bridging loan

[ˈbrɪdʒɪŋˌləʊn] N (Brit) (Fin) → crédito m puente

bridging loan

bridging loan

[ˈbrɪdʒɪŋˈləʊn] n (Brit) → prefinanziamento
References in periodicals archive ?
If you want to raise funds quickly on a commercial property already owned or for the purchase of a commercial property that you are looking to buy, then a commercial bridging loan could be the ideal solution for you.
What separates a bridging loan from a conventional financial product is two very important things.
BANKING AND CREDIT NEWS-September 17, 2015-Aldermore enhances bridging loan offering
Newly formed British challenger bank Aldermore on Wednesday reported that it is enhancing its bridging loan offering.
M2 EQUITYBITES-September 17, 2015-Aldermore enhances bridging loan offering
As a long term method of finance a bridging loan is expensive and should not be used for this type of financing.
Therefore using a bridging loan to buy at a property auction is a common and sensible option, but people need to check to see if they are eligible for a buy to let mortgage otherwise they may have a problem when it comes to clearing the bridging loan.
International Resource News-9 August 2010-Angel Mining extends bridging loan with Cyrus Capital(C)2010 ENPublishing - http://www.
Angel Mining PLC (Angel Mining), a mining company currently focused on Greenland, has extended its bridging loan with Cyrus Capital Partners (Cyrus Capital).
This report provides an overview of the bridging loan sector in the UK, covering market sizing, issues, competitive trends and includes a 5-year forecast in terms of gross advances.
Information about the size of the bridging loan sector is limited but one thing that is clear is that the sector is small.
ClickPress, Mon Jul 02 2012] Over the past few years the number of people taking out bridging loans has increased dramatically with the amount of bridging lending doubling during the last 12 months alone.