Bridge Financing or a ‘bridging’ loan is exactly what its name suggests – it bridges the cash gap during real estate transactions until permanent financing is arranged. For example, you have decided to sell your present property and invest in another – the timing of the two can never coincide, and any delay in funds availability and payment can harm transactions, even kill the deal.
The simple purpose of a bridge loan is to remove these obstacles. Which is why, bridge loans, unlike other financial solutions, are quick and flexible. This infographic lucidly explains 7 important facts and ‘reason-whys’ for Bridge Finance.
Bridging Finance Facts:
Infographic by – garypoulton1