Commercial bridge loans are a flexible loan arrangement intended to provide short term financing until an exit strategy, like refinance or sale, can be executed. Commercial bridge loans act as interim funding, facilitating the purchase of a property and completion of upgrades, but not acting as permanent financing. A commercial bridge loan provides financing to…

The post What are Commercial Bridge Loans and How Do They Work? appeared first on .

Source: http://fitsmallbusiness.com/commercial-bridge-loans/

Advertisements