A Bridge Loan is ideal for fast access to funds

Ideal for businesses that are waiting on long-term financing but need to cover unexpected costs fast.

A Bridge Loan is ideal for fast access to funds

Ideal for businesses that are waiting on long-term financing but need to cover unexpected costs fast.

What is a bridge loan?

A bridge loan is short term loan that helps cover unexpected business costs while your business secures a long-term loan or permanent financing. This is ideal for businesses that need quick access to cash flow while in that time gap between applying for a long-term loan and receiving funds. Here at Rapid Finance, our bridge loans are simple, giving businesses quick access to capital for their business needs. We understand that sometimes the loan process can take time, and securing long-term financing can be a more extensive process than a short-term loan.

Need to secure capital fast? Our bridge loans start at $5,000 and range up to $1 million. Our payment options are super flexible with automatic daily, weekly or monthly payments withdrawn from the business bank account on file*. Another great feature is that you can apply from almost anywhere all through our online portal. If approved, this portal will also be available to you any time so you can always review your account from your device.

Fixed Payments

The fixed payment amount is automatically withdrawn from the business bank account.

Bridge Loan Term Options*

Loan terms starting at 3 months ranging up to 60 months.

Cost and Fees*

An interest charge or fixed fee will be charged. Other fees may also be charged.

What is a bridge loan?

Fixed Payments

The fixed payment amount is automatically withdrawn from the business bank account.

Bridge Loan Term Options*

Loan terms starting at 3 months ranging up to 60 months.

Cost and Fees*

An interest charge or fixed fee will be charged. Other fees may also be charged.

Bridge Loans allow access to funds while your business secures long-term financing.

All you need are 3 important things to apply.

Form of identity validation

Business bank account number and routing

Last three months of business bank statements

Application Process

Apply Online

You can apply online from anywhere and on your device. Just click the GET QUOTE button at the top of the page. Let us know about your company and your goals, and remember to collect the necessary documentation.

Let us review

Our team will review all the information provided to us. If we need additional information, our team of business advisors will reach out to let you know.

Get Funded

If approved, our team will proceed to send out the approved funds to your business bank account.

Line of Credit FAQ

How does a bridge loan work?

A bridge loan works by providing approved business applicants access to capital in a very fast and convenient way while the business attempts to secure permanent long-term financing. It gives businesses access to lump sum of capital during that gap between applying and getting approved for a long-term loan. Similar to a small business loan, with a bridge loan businesses may benefit from receiving funds in a lump sum with fixed payments and fixed terms. The main difference is that a bridge loan is considered a short-term loan while a small business loan is typically long-term.

Is there a bridging loan calculator available?

Rapid Finance offers a financing calculator that will give you an approximate estimate as to how much your business may qualify for depending on your response to the few questions we ask. Our calculator will let you select the desired working capital amount, your credit score, and the business’s monthly sales which then allows you to see what your small business may qualify for depending on the information provided; however, additional information may be required.

Click here for immediate access to the bridging loan calculator.

Is it difficult to get a bridge loan?

Getting a bridge loan is a very similar process as getting a small business loan. There are certain requirements that must be met in order to apply. Most business financing companies require the following in order to apply for a bridge loan: certain time in business, business bank account, business revenue, some sort of identification, which can be a driver’s license or passport.

What are the pros and cons of a bridge loan?

A bridge loan can be great for businesses that need quick access to capital while securing a permanent long-term loan. Other reasons why our clients love our bridge loans is due to the quick access to capital, the flexible payment options, and terms ranging from three months up to sixty months.*

One possible con for a bridge loan is the fact that it is short-term. This might not be the best option for a business looking for a long-term loan that would span of several years. However, at Rapid Finance we do offer a small business loans that can be long-term and the application process is almost the same as a bridge loan.

Can I get a bridge loan with bad credit?

Having bad credit does not automatically mean that your application for a commercial bridge loan financing will be denied. It is true that most small business funders may use credit as a factor when reviewing applications, however, your bad credit may not be a determining factor as to whether the application gets approved or not. The truth is that there are many factors that business funders may take into consideration when deciding to approve an application. Some of these additional factors may be and are not limited to the performance of the small business, which can be determined by the business revenue, the time in business, the accounts receivables, and the business credit history.

What should I know before applying for a bridge loan?

There are a few things to keep in mind before applying for a bridge loan. The first should be the reason why your business needs the loan, how much working capital does your business need, and lastly, the repayment terms that your business can afford. This will help you navigate whether your business needs a long-term loan or short term loan. Other things to keep in mind before applying is what your current credit score situation is (the higher the score the better), how fast do you need the funds, has your business been in operation for over two years, do you have over a year of business bank statements, etc. These will be some of the questions asked during the application process and depending on the response your business may or may not qualify for approval.

Unsure which business financing solution is best for you?

Small Business Loan

Want to receive funds in one lump sum with fixed terms and payments?

LEARN MORE
Merchant Cash Advance

Need a financing solution with flexible requirements?

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Other Financing Options

Check out our other financing solutions for small businesses.

LEARN MORE

Bridge Loans with Rapid Finance

Here at Rapid Finance we are dedicated to the success of each of our clients. It’s simple; your success is our success. We make sure we provide your business with the resources it needs to come out on top. Oh yeah, and let’s not forget the following!

Trusted by millions of businesses all over the country

Simple application process allows you to apply from almost anywhere

Business advisors dedicated to your success

Streamlined process for additional funding needs

*Small Business Financial Solutions, LLC offers term loans (pursuant to its California Lenders License No. 603-I855) and factoring in California. Small Business Financial Solutions, LLC and Rapid Financial Services, LLC offer term loans, lines of credit and factoring outside of California. RFS Business Funding, LLC arranges term loans in California (pursuant to its California Finance Lenders License No. 603-J299) and arranges term loans, SBA loans, lines of credit, factoring, asset based loans, commercial real estate loans and business credit cards outside of California.