How to Use bridge loan in a Sentence

bridge loan

noun

• But at the last minute, Pacifica got a $2 million bridge loan to pay off the legal judgment.
  — Ben Fong-Torres, San Francisco Chronicle, 14 Feb. 2018
• The bridge loan was supposed to be repaid from $75 million raised from investors.
  — Robert Gehrke, The Salt Lake Tribune, 7 Aug. 2021
• That is after the state is expected to pay back $1 billion of a $1.2 billion bridge loan from last year.
  — Kevin Bessler, Washington Examiner, 16 Dec. 2020
• The short-term cash infusion would serve as a bridge loan until the new media rights deal begins in 2025.
  — Jon Wilner, The Denver Post, 26 Sep. 2019
• As part of the Polish Aviation Group deal, the companies will repay those bridge loans in full.
  — Melissa Yeager, azcentral, 27 Jan. 2020
• SoftBank had agreed to offer a $25 million bridge loan in return for major changes at Fair, sources say.
  — Lucinda Shen, Fortune, 19 Dec. 2019
• The roster includes Casper Sleep Inc., which accepted a buyout at a fire-sale price along with a costly bridge loan.
  — Allison McNeely, Bloomberg.com, 19 Nov. 2021
• But in order to complete the transaction, AT&T needed a bridge loan — worth more than $40 billion.
  — New York Times, 21 May 2021
• The company was able to secure a $45 million bridge loan from its parent, which is owned by Cerberus, to give it enough cash to make it to the bankruptcy in the first place.
  — BostonGlobe.com, 29 Mar. 2018
• The loans covered 24 weeks of payroll, but with no end in sight to the pandemic, the money is looking increasingly like a bridge loan to nowhere.
  — Robert Channick, chicagotribune.com, 10 Sep. 2020
• Citibank and Itaú Unibanco offered GeoPark a bridge loan.
  — Ed Davey, Fortune, 4 Nov. 2022
• The bill amounts to a bridge loan for much of the economy and carries a price tag that equals half the size of the entire $4 trillion-plus annual federal budget.
  — Anchorage Daily News, 27 Mar. 2020
• Regent Ken Powell, chairman of the board, floated the idea of a bridge loan to help support Gophers athletics in the event that sports are delayed for a full year.
  — Ryan Faircloth, Star Tribune, 12 Aug. 2020
• Knock customers usually get a 30-year mortgage and the interest-free bridge loan.
  — Brooke Henderson, WSJ, 21 Jan. 2021
• The $270 million loan from Natixis enables Estein to pay off a bridge loan that had been placed earlier on the property.
  — Peter Grant, WSJ, 26 Sep. 2017
• The debt portion is usually secured through a bridge loan from a syndicate of banks, who then sell it to leveraged loan and bond investors.
  — Priscila Azevedo Rocha, Fortune, 17 Dec. 2022
• The lender is Trez Forman Capital Group , which provides commercial bridge loans to builders.
  — David Lyons, Sun-Sentinel.com, 12 June 2018
• Due to its fragile position, X couldn’t repay or refinance the bridge loans.
  — Shawn Tully, Fortune, 4 Oct. 2023
• The financing is intended to be a two-day bridge loan that will permit mortgage investors to meet payments to banks and other lenders.
  — Emily Flitter, New York Times, 23 Mar. 2020
• City officials said the developers need that money now, and their private lender is willing to loan it to them as a kind of bridge loan until the rest of the funding comes in.
  — Steve Lord, chicagotribune.com, 4 Dec. 2020
• The buyer obtained a $27 million bridge loan from Greystone for the acquisition.
  — Katherine Feser, Houston Chronicle, 25 Oct. 2019
• The loan was provided by a company called SC3 capital and according to Manafort's spokesperson the note was meant to be a bridge loan.
  — Tom Winter and Hallie Jackson, NBC News, 21 Feb. 2018
• The Home Swap service includes a bridge loan that covers the down payment on the new home as well as money to fix up the existing home to sell it and up to six months of mortgage payments on the old house.
  — oregonlive, 21 Sep. 2021
• But the reduction of spreads remains uncertain and bridge loan spreads are increasing.
  — Adam Finkel, Forbes, 6 July 2022
• The emerging growth company will use the new debt financing to repay a $34.5 million bridge loan, the company said Wednesday.
  — cleveland, 3 Dec. 2020
• Part of the need for the bridge loan is because the coronavirus pandemic caused some delays in the finish of the East Aurora building, and when the school district takes ownership of the building.
  — Steve Lord, chicagotribune.com, 4 Dec. 2020
• The amendment would be for the city to guarantee the $4.5 million bridge loan - basically a reaffirmation that the money will be paid at the end of the development.
  — Steve Lord, chicagotribune.com, 4 Dec. 2020
• Because the term is short, interest rates are a couple of percentage points higher on a bridge loan than for a regular mortgage.
  — cleveland, 15 Aug. 2021
• Officially, the two $3 billion bridge loans come due on October 27, the closing’s one year anniversary.
  — Shawn Tully, Fortune, 4 Oct. 2023
• Credit funds, small business lenders and ERC processing firms are all offering bridge loans and cash advances to small businesses waiting for their refunds.
  — WSJ, 10 Jan. 2024

Last Updated: 22 Nov 2024