Frequently asked questions
What is a bridge loan used for?
A bridge loan helps cover costs for a short time. It`s used until a company gets longer-term funding.
What is a bridge debt?
Bridge debt is a temporary loan. It supports a company`s immediate financial needs until a more permanent solution is found.
Why do startups use convertible notes?
Startups use convertible notes for quick cash. These notes can later turn into shares of the company.