bridge loan

noun

: a short-term loan used to finance an enterprise, investment, or government pending the receipt of other funds

Examples of bridge loan in a Sentence

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Send any news, comments, harmless bees and bridge loans for Elon Musk to talk@qz.com. —

Melvin Backman, Quartz, 4 Dec. 2024 How much does a bridge loan cost? Bridge loans are usually more expensive than other forms of financing: In November 2024, interest rates on bridge loans ranged between 7% and 10%, compared to 6.81% for a conventional mortgage and 8.41% for a home equity loan. —

Kelsey Neubauer, CNBC, 3 Dec. 2024 The company completed a $629 million securitization of healthcare bridge loans, enhancing capital efficiency and reducing credit risk. —

Quartz Bot, Quartz, 8 Nov. 2024 Banks can help make their paychecks go further without driving revolving debt by offering a combination of bridge loans to payday, overdraft fee waivers and pay-by-bank. —

Expert Panel®, Forbes, 25 Oct. 2024 See all Example Sentences for bridge loan