Bridging loans are generally used as a short term expedient, which will be replaced by conventional debt. Bridging loans are often used in the interim when there is a delay between the sale of one asset and one that is being acquired or when there is a delay in obtaining long term finance. It can also be used when there is a shortfall between the project cost and the current project financing package which will be repaid once the project has been completed. The Bridging Loan will be repaid from either the sale of the asset or the finance being obtained. On occasion the lender may require cross collateralization of securities to minimize the risk.