Bridge Loan

Word of the Week
#EnvolveEDU

Bridge Loan
/brij/ /lōn/ n.A bridge loan is a short-term loan used until a person or company secures permanent financing or removes an existing obligation. Bridge loans help in bridging the gap between short-term cash requirements and long-term loans. These loans are normally extended for a period of 12 months and usually carry relatively high interest rates.
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Founders Arena

The 2nd EnvolveXL Investors’ Day Live in Athens, Greece!
An evening full of startup pitching sessions, engaging discussions, and dynamic talks.

The 13 selected startups from the EnvolveXL acceleration program will present their ventures live on stage