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A bridge loan is designed to meet immediate financing needs, such as bridging cash flow gaps, unexpected circumstances that require funding, or new business opportunities to capitalize on. Rather than using personal money or passing on opportunities that would result in additional profit for your business, apply for a bridge loan and the funds can be wired within 24 hours of applying.
The process to secure a Bridge Loan is more simple then other types of financing. With a paperless one page application and limited documentation, funds could be available in as quick as 24 hours. Once the loan is secured, payments will be taken on a daily, weekly or monthly basis until the loan is paid off in full.
SMB Compass's simple and secure online loan application can be completed in a matter of minutes. Quick & Easy!
After we process your application we will contact you and provide you with the best loan offer.
Once your loan is approved in as little as 24 hours. You will have capital deposited directly to your business bank account.
A Bridge Loan is a form of financing that could be used in all industries. The most important thing is to make sure that your cash flow can support the payments on a bridge loan, as Bridge Loans are short duration, since they are just bridging a gap.
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If you’ve been in business at least one year, have at least $100,000 in annual revenue, and have a personal credit score of at least 600, you are eligible.
We use a number of different data points to instantly provide you with the best possible loan offer, including competitive rates and payment terms that work for you and your business.