Life is full of surprises for everyone. There come situations in life when a person needs to have urgent cash in hands. This situation can be of many types. For example, if a person is dealing sales and purchase of the house. He plans to buy a new house with the payment he will be getting after the sale of his existing house. In this entire scenario if it happens that he has to make payment before the sale of the house then he would be in need to get urgent cash in hand. Moreover, if there is a person who wants to extend his business and is waiting for the money from the investors then this is the situation where a person needs to have money to avail all the opportunities at maximum. Similarly, if you have been dreaming of owning a house and you have come across the house which you always wanted to buy but you cannot buy it due to shortage of funds is another situation where life gives surprise and a person feels helpless. Solution to all these financial gaps is the bridging loans. Bridging loans are the short term loans which are meant to help all those people who run short of money in emergencies. These are the loans which are used to bridge the financial gap for the people in their hour of need. These loans have mostly high rate of interest which is mostly of 12 to 15%. All a person has to do is to apply for these loans by filling up an online form. No hassle of documentation is involved in the whole process. Once you will submit your application form, the officials will start verifying your details. These loans are easy to access and are quickly approved. It happens that sometimes, these loans are approved on the very same day a person applies for them. Maximum time which these loans take for the approval is 24 hours. Overall, it can be concluded that bridging loans are all about helping people in the emergency situations when they need urgent cash.