X-Nico

2 unusual facts about Bridge loan


Bridge loan

In South African law immovable property is transferred via a system of registration in public registries known as Deeds Offices.

Private money investing

Bridge loan - A similar type of commercial loan based on real estate.



see also

Continental Congress

As the ambassador to France, Benjamin Franklin not only secured the "bridge loan" for the national budget, but also he persuaded France to send an army of about 6,000 soldiers across the Atlantic Ocean to America—and also the dispatch of a large squadron of French warships under Comte de Grasse to the coasts of Virginia and North Carolina.

Sealy Corporation

First Boston made a bridge loan to the buy-out firm just as Drexel Burnham Lambert was running into trouble and the junk bond market was drying up, and was stuck with the loan.