Make Your Finances Work Between Large Transactions
There are a few times over the course of a person’s life and a business’ life where large purchases need to be made and money is tight in between. If you are facing a large purchase when you have just come off of another large purchase or sale, you need bridge loans or hard money loans to see you through.
Bridge Loan Defined
A bridge loan is often put into action in the purchase of real estate. For example, when a homeowner buys a new home and is still waiting for his or her previous home to sell, a bridge loan can help to manage financial needs until the sale of the old home is complete. This type of loan can also be used in business for a similar reason, or simply to tide your business over between two large transactions. Large purchases back to back can run your cash flow dry without such a loan option.
Hard Money You Need Right Now
Although it can take a while to process, hard money loans and bridge loans can provide you with the money you need to keep your business running. Our experienced financial professionals can help to process your loan in a short amount of time to get the money to you quickly.
Imagine Funding Solutions has many partnerships with private investment firms to provide businesses like yours vital working capital. Call us to learn more about hard money and bridge loans.