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Bridge Capital - GSB Financial

Bridge Capital

Bridge capital is a type of temporary funding that helps the business cover its costs until it gets permanent investors or debt lenders. The term for payment varies in the case of bridge capital. In most cases, the payment is made full when the company receives the new money. The bridge loan helps landlords purchase a new home and can wait for their present home to sell out. The Borrowers can use the equity in the current home for the down payment.
Bridge loans are generally processed faster, and the amount gets credited into the borrower’s account. The borrowers accept all terms and conditions as per company and hence get approved loans within a few days. Bridge Capital is used in the real estate industry for purchasing homes and flats, where one can buy new and sell out the current one.

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