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Bridging Loan

Bridging Loan

Overview

A bridging loan is a short-term loan that is provided to an enterprise to finance its working capital, such as stock and/or operating overheads. This credit facility is designed for business to business transactions and is usually suitable for businesses that have secured firm contracts (purchase orders) with other businesses (that is, businesses that offer services and or products to other businesses).

Benefits

A bridging loan allows your business to meet short-term financial obligations by providing immediate cash flow.

Repayment term

The repayment duration of a bridging loan is linked to the specific term of a contract up to 12 months.

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