Friday, March 30, 2018 2:21:51 PM
On occasion, in the middle of running your business, you’ll run across an opportunity so good you can’t pass it up. The deal costs too much to finance from your own balance sheet, but it just makes sense. Now what?
The answer is bridge financing – otherwise referred to as swing loans, interim loans, or gap financing. It is a short-term loan that you expect to repay with the proceeds of an anticipated larger transaction, allowing you to complete an opportunistic deal.
https://www.axial.net/forum/bridge-financing/
TGLO$$$
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