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What does bridge financing mean?

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bridge financing

1. Interim financing that covers a financing gap, commonly the period between the maturity of a loan and its replacement with other financing, typically another loan, or used as “certain funds” in acquisition finance.
2. Short-term CRE financing with a bullet maturity used to pay off ADC loans and fill the interim until permanent financing is obtained.

  • bridge loan; gap financing; interim financing; swing loan.
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