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Welcome to episode 2 of TABU my name is Katrina Hindley Im head of marketing and Im here with Nick Russell sales director of tab and hi Im Duncan Kreeger I am the CEO of tab welcome this episode is about bridging loans and lets kick things off with the first question number one what is a bridging loan its a good place to start yeah I think so um short sweet answer is a bridging loan is a loan that is secured on real estate that is my short and sweet answer we will go into conversation about tune in next week for what is it yeah i think we do want to simplify things and i think my answer wouldnt be too dissimilar but because nicks already said it im going to come up with something different a bridging loan is as nick said secured on a property but i think the closest description um or something you can relate to is a mortgage so a loan secured against the property yeah i mean and how does it get the term bridge how does the bridge loan work okay so a