What does it mean for boys to cross the bridge?

Crossing the bridge refers to loans, also known as bridge loan.

Mature bridges are usually divided into the following four categories:

1. Bank acceptance bill deposit prepayment.

2, bank loans due to advance.

3, consumer loans, housing loans in advance.

4. Other types of prepayment business

The so-called prepayment bridge is actually a professional service for people who have applied for loans but can't repay on time for one reason or another.

Third-party financial institutions repay the loans owed in advance instead of these lenders, so as to prevent these lenders from being punished by banks or blacklisted by credit.

Bridge loan has a short term, no more than one year, and the interest rate is relatively high, with some mortgages such as real estate or inventory as collateral. Therefore, bridge loan is also called "bridge financing", "medium-term financing", "gap financing" or "swing loan".