Bridge funds, also known as bridge funds, belong to short-term loans with a term of less than half a year, which are used to connect long-term funds and be used during the transition period.
Characteristics of bridge-crossing funds
1, short time limit: usually within half a year.
2. High quality of funds: It is very important for fund users to play a transitional role in the operation of funds and drive the later funds.
3. Very high return on capital: Because of its importance, lenders can usually get high returns from borrowers.
4. High interest rate of funds: Due to the time period of use and the urgency of demand, the interest rate will often rise by about 50% ~ 250% in actual operation.