Commercial bridge loans are a flexible loan arrangement intended to provide short term financing until an exit strategy, like a refinance or sale, can be executed. Commercial bridge loans act as interim funding, facilitating the purchase of commercial real estate and completion of rehabs or upgrades, but not acting as permanent financing. A commercial bridge…
About the Author
Kevin Mercadante covers Small Business Finance and Personal Finance for Fit Small Business. His background is in both public accounting and the mortgage industry.