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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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 Due Diligence When considering a bridge loan, diligence and careful planning are key. —

Xan Myburgh, Forbes, 2 Oct. 2024 After fundraising and a grant from the Lilly Endowment, Big Car still needs to raise about $2 million to pay back an Impact Central Indiana bridge loan and start a property maintenance fund. —

Domenica Bongiovanni, The Indianapolis Star, 11 July 2024 Likely uses of the money include additional housing vouchers, bridge loans for construction projects and other programs, city officials say. —

Joe Rubino, The Denver Post, 8 July 2024 See all Example Sentences for bridge loan