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What’s a Commercial Bridging Loan?
A commercial bridging loan is a simple, short-term kind of loan that enables you to borrow a lump sum of money in order to purchase land or property right away.
This is typically used in a scenario where you also have land or property to sell – repaying the short-term loan when the sale of your existing land or property is completed.
June 7, 2008 at 9:05 am | Bridging Finance | No comment
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