car loan repurchase in real estate credit

For example, when a person or company is waiting for long-term financing while he needs money to cover temporary costs. An example is a company having an equity funding round that is expected to be closed for six months.

So he can choose to use a bridge loan to cover the equity funding. For example, to provide working capital, cover payroll, utilities, rent, inventory costs, and various other costs until the funding round can be covered all.

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