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.
Consider a bridge loan. Because selling a home or apartment can take time, a bridge loan is a way to make ends meet and move in to an assisted living community as needed. This way seniors and their families aren't forced to sell when the market is down or required to rush through the process.