What are the downsides of short-term bridging loans?

Discussion in 'Development' started by FWL, Dec 4, 2018.

  1. FWL

    FWL Member

    We are currently looking at a property development which may require a short-term bridging loan to cover the cost of redeveloping the property. The jumping value would be significantly more than the bridging loan repayments therefore it does seem to make sense. However, what is the downside of short-term bridging loans in this situation?
     
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