IFO4
Loading...Short-term financing intended to bridge the gap between two longer-term funding events, often structured as convertible notes, SAFE instruments, or short-tenor debt. Bridge financing is the federation term for any financing whose primary repayment source is a future event rather than ongoing operations. The federation treats bridge instruments as material exposures with the conversion mechanics, valuation cap, and discount disclosed under MEV-Annex:4.1. Bridge rounds that are not followed by the anticipated full round within twelve months are reclassified as restructuring exposures.
A construction industry term applied to corporate finance in the post-war period; the metaphor of a structure spanning a gap is Roman in origin.
Federation members report all bridge instruments in the convertible register, including SAFE notes and post-money convertibles. Bridges outstanding for more than twelve months are escalated to the steward review under TGS-002:2.3.
@misc{ifo4_glossary_bridge_financing,
title = {{Bridge Financing}},
author = {{IFO4 Federation Editorial Board}},
howpublished = {{IFO4 Federation Glossary, slug \texttt{bridge-financing}}},
year = {2026},
url = {https://ifo4.org/glossary/bridge-financing},
note = {Category: Capital; key: BridgeFinancing}
}Federation members and accredited practitioners may challenge any entry under TGS-002:1.7. Filed challenges are routed to the editorial board, triaged into the revision register, and resolved in writing on the public docket. The slug remains stable through any revision.