United States: Is Bridge Financing Right For You?

Bridge loans can supply short-term financing before developers and investors cement long-term financing. Their popularity surged during and in the wake of the Great Recession — and that popularity has continued till this day. But if you are considering obtaining a bridge loan as part of a new deal or a refinancing, or for on-site improvements, you need to learn the potential pros and cons. PROS OF BRIDGE FINANCING

The typical duration for a bridge loan is 12 to 36 months. This can give you the time to address issues that are preventing you from securing traditional financing or […]

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