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What Exactly IS a Bridging Loan?

A bridging loan - or 'bridging finance' - is simply a short term secured loan, that can be arranged promptly to cover a shortfall in your finances. Typically, a bridging loan is used to finance the purchase of property, usually when the sale of an existing property is not completed in time to make payment on a new property.

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This page contains a single entry from the blog posted on April 25, 2008 8:19 AM.

The previous post in this blog was Credit Card Debt Consolidation Loan.

The next post in this blog is Don’t Get Dragged Into Credit Crunch Blues.

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