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What does bridge loan mean? Explanation of bridge loan

1. Bridge loan means that financial institution A cannot lend money without funds, and asks financial institution B to help issue loan funds. After that, financial institution B withdraws from the loan project. For financial institution B, this loan project is a bridge loan. Bridge Loans.

2. The loan term of a bridge loan does not exceed one year at most, and the loan interest rate is relatively high. Lenders should pay more attention to the interest cost of the loan.