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What is bridge loan and it's Benefits??

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 bridge loan is a form of short-term financing that can serve as a source of funding and capital until a person or company secures permanent financing or removes an existing debt obligation.

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Bridge loans, often referred to as swing loans, are frequently utilised in real estate transactions. They are typically short-term in nature and last on average from 6 months to 1 year.

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They might be utilised as a way to finance the purchase of a new house before you sell your current one.

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By enabling you to acquire additional funds, bridge loans provide you access to more money with which to buy real estate.