Tag Archives: business expenses

Use a Bridge Loan to Access Capital

A Bridge Loan Can be Your Solution to Much Needed Funds 
 

A short term commercial bridge loan may be just what you need to access capital if you are having trouble making ends meet. A short term bridge loan helps you to “bridge the gap” between your business expenses and income. A bridge loan is not a long term solution, but it is an excellent short term solution to your money problems. If for some reason your business income has been eclipsed by your expenses, you may need to borrow money to pay for those additional expenses until your business income is stabilized. A short term commercial bridge loan can be the answer to this dilemma.

Bridge LoanA bridge loan can help with paying an annual or once-a-year payment that has come due for which you simply do not have the money for or the ability to pay. This could be a property insurance premium, annual property taxes, or annual life insurance premiums for your employees which could be an immediate need for some additional cash. Unfortunately, paying those business expenses is not optional… especially if you want these services! Things happen beyond one's control as it could be a sudden loss of a large anchor tenant or possibly and unexpected capital repair or necessary improvement that can leave you short of cash one month. This can happen at anytime with a business and a commercial property especially in a down economy. Sometimes a business opportunity or business or property expansion may be warranted and the cash needed quickly. Either way, your solution could be a short term bridge loan.

Make sure that you are in control of your business expenses and obligations by accessing capital with a short term bridge loan, then pay back the short term bridge loan over time. Be sure to have a defined plan of action and a clear exit strategy. No one wants to conduct their business without sufficient capital for day to day operations and additional reserves. There’s no need to be hit hard by a weak economy and unexpected budget short falls due to a weak economy and a loss of business income. If that’s the case, you can simply apply for a short term commercial bridge loan in the using your property in the United States or the Caribbean as your solution!

A short term bridge loan can allow you to take control of your finances again. But it comes with a warning! A short term bridge loan is just that – short term. Once acquired you need to be sure that you can repay your short term bridge loan as agreed and within your current budget! You don’t want to have to take out a bridge loan to pay for your bridge loan! Secondly, if you are taking out bridge loans every month or two (even if you are paying them off regularly) that should be a warning sign that you have a budgeting problem that needs to be addressed. And when you have a budgeting problem, you either need to increase your income or decrease your expenses.  A short term bridge loan should be used wisely and only when necessary.