2 min read
How a bridge works
A bridge advances funds now and is repaid in one lump when the planned event happens — often interest-only during the term (a bullet loan). It is built for speed and a defined, short life. See the bridging finance guide.
Why the exit is everything
Because all the capital is repaid at the end, a bridge only works with a reliable exit — a completing sale, an agreed refinance, a certain payment. Without one, a bridge becomes an expensive problem. Never take one on a hope.
What it means for you
Use a bridge for a genuine, dated gap with a solid exit.
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See indicative terms on business loans, or apply online in minutes.
Frequently asked questions
Is bridging finance expensive?
It can carry a higher rate than a term loan because it is fast and short-term, but held only briefly the total cost can be modest. The key is a certain exit so it does not overrun.
What is an exit in bridging?
The specific way you will repay the lump sum — a property sale completing, a refinance drawing down, or a large payment arriving. A bridge should never be taken without a credible, dated exit.
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