There are several reasons why a business might want a bridge loan. Sometimes a transaction needs to happen quickly or the business owner needs liquidity quickly, but the bank needs more time to process the loan. An opportunity may disappear without quick action. Partner buy-out may have time limits. Sellers may take other offers or value a short closing time. Price may go up. A sale may be canceled. People may need money to avoid other consequences. People need money to avoid default, forfeiture, credit damage, lawsuits, etc. Sometimes a bank or credit union can not provide a loan until there is a certain history of income. Often the advantages of a quick bridge loan far outweigh the costs.