Bridge Loan Work
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Bridge loan - A bridge loan (or swing loan) is a type of short-term loan in the financial industry. Bridge loans are typically taken out for a period of 2 weeks to 3 years in order to finance projects.
Bridge Loan - A bridge loan is similar to a hard money loan. The lending criteria are generally based more on property value than on the credit profile of the applicant.
Syndicated loan - A syndicated loan (or "syndicated bank facility") is a large loan in which a group of banks work together to provide funds for a borrower. There is usually one lead bank that takes a small percentage of the loan and syndicates the rest to other banks.
Arch bridge - An arch bridge is a bridge with abutments at each end shaped as a curved arch. Arch bridges work by transferring the weight of the bridge and its loads partially into a horizontal thrust against abutments at either side.
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