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Pennypicks

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Re: acc post# 119091

Wednesday, 05/12/2010 12:48:09 PM

Wednesday, May 12, 2010 12:48:09 PM

Post# of 375420
Bridge Loan - pending the arrangement of larger or longer-term financing."

humm



A bridge loan (usually bridging loan in the United Kingdom, also known as a "caveat loan," and also known in some applications as a swing loan) is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years[1] pending the arrangement of larger or longer-term financing.

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