Lending & investment · Defined
Bridge loan
Interim financing used while an asset or transaction moves toward a later financing or operating condition.
Why it matters
A bridge loan may involve renovation, lease-up, or other business-plan work rather than ground-up construction. The technical review should match the work and funding risks actually present.
In practice
A project example
An occupied property uses short-term financing while units are renovated and leases turn over.
General educational guidance from KOW Building Consultants. Examples are illustrative, not project records. The applicable contract, standard, program, and jurisdiction control the requirements for a specific assignment.