Bridging loan finance is a short-term way to help people and businesses get money quickly for their immediate needs while waiting for more permanent funding. These loans are often used when someone wants to buy a new property before selling their current one or needs fast money for a project. Bridging loans can be approved quickly, which makes them great for urgent situations. However, they usually have higher interest rates than regular loans, so it’s important to have a plan to pay them back. By using bridging loan finance wisely, borrowers can fill the gaps in their finances and reach their goals more easily.
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