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Showing posts from January, 2023

Bridging Finance - Adds Value To Your Business

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Are you a business owner/ Did you recently feel the need to add on to an extra amount of capital while the project was going on? It is meant to happen as they receive the payment in installments or at the end of the project. It is a significant problem in the real estate or construction business. Thus, banks have mortgage loans for such business owners.  This happens because the owners receive the payment after the completion, and they need funds or capital to complete the project. The case mentioned above explains why business owners borrow money or business loans. This article will guide you about bridging loans and how they are helpful for you. What are Bridging Loans? Bridging loans are a pact between the borrower and the lender stating that the borrower would transform the borrowed money into the lender’s stock. The price here is not mentioned and is claimed to be determined later. The “bridge” in the term claims the time between the company’s monetary needs and the time for stoc