Bridge Loan
Bridge loans, also known as swing loans or bridge financing, are short-term financing options for companies that need funds temporarily until long-term financing becomes available. Essentially, they "bridge" the gap between a company's immediate need for funds and access to funds from long-term financing. A type of bridge financing is an ASA or CLN.
Table of Contents
What is Bridge Loan?
Bridge loans, also known as swing loans or bridge financing, are short-term financing options for companies that need funds temporarily until long-term financing becomes available. Essentially, they "bridge" the gap between a company's immediate need for funds and access to funds from long-term financing. A type of bridge financing is an ASA or CLN.
This glossary provides an overview of some key legal terms for startups. It's essential to consult with a legal professional to ensure a comprehensive understanding of these terms and their implications for your specific situation.
Get your legals in order
Sign up to our platform to streamline your legal tasks, get personalised step-by-step guidance, on-demand access to lawyers and access a wide range of templates and resources
Sign up for free
