Group: Terrier. Origin: United States of America. Pit Bull, Pit, Apbt. Sometime during the nineteenth century, dog fanciers in England, Ireland and Scotland began to experiment with crosses between Bulldogs and Terriers, looking for a dog that combined the gameness of the terrier with the strength and athleticism of the Bulldog.
A bridge loan is interim financing for an individual or business until permanent financing or the next stage of financing is obtained. Money from the new financing is generally used to take out (i.e. to pay back) the bridge loan, as well as other capitalization needs.
A short term interim loan for financing the cost of construction. The lender advances funds to the builder as the work progresses. A construction loan differs from a typical mortgage. For one thing, it is used for a home that you are having built instead of for a resale home. With a construction loan, the lender needs to know exactly what is going on with the building of the home. The lender may want to know the timeline of completion of the home as well as the details of the actual construction.