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Bridging finance may be utilized in a variety of financial scenarios. Bridge loans provide immediate cash flow and finance solutions for borrowers as payment for various abrupt financial obligations while waiting for the approval of standing deals or contracts. Bridge loans may be used by borrowers to pay outstanding debts, thus making a positive credit score and enabling the borrower to apply for other loans that are more permanent and larger in amount. These loans also help bridge the gap between leaving one job and starting another.
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