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.
In contrast to a typical loan which provides a lump sum payment to the borrower up front, an infill construction loan is designed to provide continuous funding over the course of a construction project. With an infill mortgage, the borrower is able to access funds at multiple points during the construction process.