No doubt planning, implementation, evaluation etc are integral to give shape to any dream or vision but nothing can happen without money in business. There are plenty of banks and financial institutes who can be very instrumental in practically bringing your dream to reality, they can tender support in your endeavor by lending you loan against your dream project. Bridging loan is also an important method for starting or enhancing your business or any personal project. It can be defined as the pro tem funding of individual or business project before the attainment of the permanent or the subsequent stage of financing. Bridging loans are naturally more expensive as compare to conventional loans because risk factor is involved. Bridging loans come with high interest rate and uncharacteristic terms and conditions. These loans are arranged in a very swift manner with very fewer hassles of paper work and formalities. Bridging loans are generally taken for a short duration ranging from 2 weeks to 3 years which varies from project to project. Generally, they are of two types – closed and open. A closed bridging loan is one in which there is a preset time schedule while open bridging loan is that in which there is no predetermined or preset time schedule. Bridging loans are taken by people from all walks of life as per their need and requirements. Some people take them for the funding of their business projects while some will take them to purchase property or renovate their old properties or flats etc. These loans are very handy for people who are looking for swift loans without much complications as they can be had within a very short period to meet the challenge, this is what make these loans very attractive despite having interest on the higher side. Bridging loans are very much popular among corporate companies. They are used for wide range of purposes, like to carry a sick company while looking for a buyer or large investor, to carry forward the company during initial public offering of the shares of the company in the market etc. Although, bridging loans are available for wide range of projects but in most of the cases it has been found that these loans are not easily available for real estate sector. According to financial institutes there is a great deal of risk involved in lending bridging loans to real estate for example market price of the property is always fluctuating. So, if you are an entrepreneur or want to expand your business with immediate effect – bridging loans can be one of the most effective sources of finance to boost your business.