Bridge financing refers to the temporary financing obtained by the buyer to pay all or a portion of the purchase price until so-called permanent financing can be arranged.

Name: Bridge financing refers to the temporary financing obtained by the buyer to pay all or a portion of the purchase price until so-called permanent financing can be arranged.
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Question

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Bridge financing is a short-term financing option used until permanent financing is secured, typically used in real estate or business transactions.

Bridge Financing Refers to the Temporary Financing Obtained by the Buyer