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.
Posted on November 21, 2013. A construction loan is a short-term or interim loan where money is borrowed from a lender to pay for the construction or building of a new home. The most desirable is a construction-to-permanent loan, which converts from a construction loan to a permanent mortgage loan after the house is built.