A bridge loan, also known as a swing loan, is a short-term loan used to bridge the gap between the need for immediate cash flow and the securing of intermediate or long-term financing.
A loan provided to bridge the gap between a floor loan and the total amount of the permanent loan for real estate development, especially during the rent-up period.
Interim Financing, also known as bridge financing or a bridge loan, is a short-term loan arrangement, generally spanning less than three years, utilized when a borrower is unable or unwilling to secure long-term or permanent financing. It often serves to provide temporary funding while waiting for financial or market conditions to improve.
