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.
1 A bridge loan is often obtained by developers to carry a project while permit approval is sought. 2  Because there is no guarantee the project will happen, the loan might be at a high interest rate and from a specialized lending source that will accept the risk.