bridge financing

noun

Definitions of bridge financing

English

a loan used to maintain liquidity while waiting for an anticipated and reasonably expected inflow of cash, often between the purchase of a new home and the sale of the old one

A bridging loan term of six to 12 months means less pressure to sell quickly.

English

money that you borrow for a short time until you can arrange for a longer loan

The TEDCO program provides small amounts of bridge financing to eligible start-ups.