NSW Mortgage Corp Blog

Tag: bridging loan

Entrepreneur Should Know About Caveat Loans
Business Loans

What Every Entrepreneur Should Know About Caveat Loans

The length of caveat loan typically ranges from 2 weeks to 3 years while waiting for the approval of a longer-term loan or a larger one. It is a short-term loan which is often called a “bridge loan” because it is interim financing for an individual or business until the next financing is arranged. 

Business Loans Can Be Your Most Important Growth Strategy
Business Loans

Bridging Loans Explained

Fear not, this is the ideal time to use a bridging loan. Bridging loans are temporary finance for an individual or business while waiting for something, such as the settlement of a property or obtaining a larger amount of finance.