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Bridge Financing Frequently Asked Questions

What is Bridge Financing?

Bridge Financing is a short-term financing solution which is usually taken out for a period of three to six months.

 

Who is Bridge Financing for?

Bridge financing is used for any company that is looking for a short-term financing solution that will be used until a company secures permanent financing or removes an existing obligation.

 

What are the benefits of Bridge Financing?

Prestige Capital can provide a short-term finance solution by funding the company’s accounts receivables until a company secures their permanent financing solution.

 

Describe the process of Bridge Financing?

Once a company provides Prestige Capital with our completed credit application and their accounts receivable aging summary we can usually fund that company within 7 days which will provide them with the short-term finance solution that they need.