Banking · Loan Types
What is a 'Bridge Loan' in corporate finance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A long-term loan for infrastructure projects
- 2A loan meant solely for paying off employee salaries
- 3A loan used to buy competitor companies
- 4Short-term funding used by companies until permanent financing is secured✓
Correct answer
Short-term funding used by companies until permanent financing is secured
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