bridge loan
noun
: a short-term loan used to finance an enterprise, investment, or government pending the receipt of other funds
Examples of bridge loan in a Sentence
Recent Examples on the Web
However, there’s a complicating factor with Arizona: The $31.6 million bridge loan to athletics.
—
Jon Wilner, The Mercury News, 17 Apr. 2024
It was intended to be a bridge loan, giving Jolaoso one year to secure financing from another source, according to loan documents.
—Thomas Gounley, The Denver Post, 13 Feb. 2024
Credit funds, small business lenders and ERC processing firms are all offering bridge loans and cash advances to small businesses waiting for their refunds.
—WSJ, 10 Jan. 2024
Officially, the two $3 billion bridge loans come due on October 27, the closing’s one year anniversary.
—Shawn Tully, Fortune, 4 Oct. 2023
Theories subsequently were bandied about, often revolving around one of the banks underwriting the Twitter deal, Morgan Stanley for example, giving Musk a bridge loan in order to secure fees and bonuses linked to the successful completion of the purchase.
—Bychristiaan Hetzner, Fortune, 6 Sep. 2023
Due to its fragile position, X couldn’t repay or refinance the bridge loans.
—Shawn Tully, Fortune, 4 Oct. 2023
Hawkins will get a loan of $10 million, and Beverly will get a bridge loan of $5 million while it is being purchased out of bankruptcy by Adventist Health’s White Memorial in Los Angeles, according to the state’s Department of Health Care Access and Information.
—Bernard J. Wolfson | Kff Health News, Los Angeles Times, 25 Aug. 2023
Now facing financial troubles, Becker made a number of poor financial decisions — securing a €4.6 million loan from a British bank against his future earnings and taking out a €1.25 million bridge loan on his home in Mallorca, Spain, with 25 percent interest.
—Marlow Stern, Rolling Stone, 7 Apr. 2023
Jon Wilner, The Mercury News, 17 Apr. 2024
It was intended to be a bridge loan, giving Jolaoso one year to secure financing from another source, according to loan documents.
—Thomas Gounley, The Denver Post, 13 Feb. 2024
Credit funds, small business lenders and ERC processing firms are all offering bridge loans and cash advances to small businesses waiting for their refunds.
—WSJ, 10 Jan. 2024
Officially, the two $3 billion bridge loans come due on October 27, the closing’s one year anniversary.
—Shawn Tully, Fortune, 4 Oct. 2023
Theories subsequently were bandied about, often revolving around one of the banks underwriting the Twitter deal, Morgan Stanley for example, giving Musk a bridge loan in order to secure fees and bonuses linked to the successful completion of the purchase.
—Bychristiaan Hetzner, Fortune, 6 Sep. 2023
Due to its fragile position, X couldn’t repay or refinance the bridge loans.
—Shawn Tully, Fortune, 4 Oct. 2023
Hawkins will get a loan of $10 million, and Beverly will get a bridge loan of $5 million while it is being purchased out of bankruptcy by Adventist Health’s White Memorial in Los Angeles, according to the state’s Department of Health Care Access and Information.
—Bernard J. Wolfson | Kff Health News, Los Angeles Times, 25 Aug. 2023
Now facing financial troubles, Becker made a number of poor financial decisions — securing a €4.6 million loan from a British bank against his future earnings and taking out a €1.25 million bridge loan on his home in Mallorca, Spain, with 25 percent interest.
—Marlow Stern, Rolling Stone, 7 Apr. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'bridge loan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Bridge loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bridge%20loan. Accessed 27 Apr. 2024.
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