flag

Made, Stored and
Supported in the USA

Bridge Loan

A bridge loan, also called a swing loan or gap financing, is a short-term loan used to buy assets or covers obligations until longer-term financing is found. Both consumers and businesses use bridge loans. Homebuyers often use bridge loans to cover the purchase of a new property before the sale of the prior home, while businesses use them to buy assets or provide cash flow in times of stress.