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Should I apply for a bridging loan? Understanding the risks involved

Should I apply for a bridging loan Understanding the risks involved
Bridging loans | Haley McPherson

When property professionals need to borrow money for short periods of time, there are a number of different options available. Typically though, a bridging loan can often offer a very convenient way forward. It’s designed to ‘bridge a gap’ — to give you access to the cash you need until a more permanent solution is put in place. But like all forms of lending, there are a number of risks involved that you should consider before making a decision. Here, we’ll take a closer look at what those risks are, and how you can plan around them.

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