One of the financing vehicles that Jason Konior uses, with his team at the New York-based firm Absolute Fund Advisors, is Bridge Loans. What are Bridge Loans, however? And how can they benefit clients?
A bridge loan, as its name suggests, helps the borrower to bridge the gap between more permanent methods of financing. It is a short-term financing which will extend a line of credit to a borrower for a short duration of time. These loans often come at high rates of interest.
These loans are often used in real estate, by venture capitalists and by private investors. The main benefit of the bridge loan is that it offers an immediate flow of capital.
