Generally refers to short-term loans. Time is short. When the bank says "crossing the bridge", it means that when the loan expires, the bank agrees to refinance the loan for the borrower, requiring the borrower to repay the loan in cash first and then reissue it. The borrower cannot provide full cash and borrow from a third party. The cycle is between repayment and reissue, and the time is generally 5 to 20 days.

If the bank comes forward. The borrower does not need to go through this process. If the borrower comes forward to apply, review and sign a contract with the bank and a third party, the third party will hand over the money to the bank. Similarly, after the bank lends money, it will directly hand over the money to a third party.

If it is private lending, it is nothing. Borrow, sign IOUs, and repay.

In addition, both the capital market and bank lending use this word, and the general idea is similar.

It is worth mentioning that such short-term loans generally have higher returns.