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Lately I have been asked a lot about one of the types of financing I offer. Everyone knows about bridge financing, hard money, conventional loans, Lines of Credit, etc. Not many people have heard of Debtor in Possession financing never mind what it is and how to use it. Debtor in Possession finan...
11/01/2010
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Intro Bridge Financing or a Bridge Loan is used as temporary or interim financing until permanent financing can be obtained. It is typically more expensive than conventional financing but is often arranged quickly. The lending duration will be anywhere from several months up to a maximum of 3 ...
10/25/2010