What Are the Pros and Cons of Bridging Financing?

https://www.oceangamingconsult.ug/blog/pros-and-cons-of-bridging-financing

There are many ways to acquire and arrange money to meet short-term needs in businesses. Bridge lending is the best sustainable solution to secure short-term needs that provide immediate cash flow to meet current obligations.

#Bridgefinancing is the short-term financing option intended to meet short-term money requirements unless long-term lending is arranged. It is also used to secure working capital requirements and is known as gap financing and interim financing.

In general, bridge finance refers to short-term loans taken from commercial banks and other #financialcompanies. Therefore, it is also widely known as a bridge loan.