bridge financing
Noun


1. Interim financing that covers a financing gap, commonly the period between the maturity of a loan and its replacement with other financing, typically another loan, or used as “certain funds” in acquisition finance.
2. Short-term CRE financing with a bullet maturity used to pay off ADC loans and fill the interim until permanent financing is obtained.

Synonym(s): 
  • bridge loan; gap financing; interim financing; swing loan.