Bridge Loans
PCDC's Bridge Loans help support temporary cash flow needs for borrowers facing specific funding hurdles, such as the need to use cash not yet available via committed government grants. These loans are a flexible option for providers that align with our mission.
For more information, click here to submit a Loan Inquiry.
| Summary of Terms | |
| Purpose: |
Interest-only loans that help fill financing gaps, typically those related to delays in State or City grant payments |
| Loan Size: |
Up to $2.5 million |
| Term: |
Dependent on timing of the grant receivable |
| Interest Rate: |
Fixed or variable |
| Repayment: | Interest only; repaid from construction loan proceeds |
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