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Bridgement

Updated
  • Credit Facilities up to R5,000,000
  • Clear and straightforward fees
  • Flat monthly fee starting at 1.7%
Bridgement homepage
Author Bridgement. Screenshot of Bridgement website.
[Accessed July 25, 2023]

About Bridgement

If you’re looking for uncomplicated, independent, and innovative finance options, Bridgement could offer you a solution.

They’re passionate about helping your small businesses grow, taking on bigger projects and creating more jobs in the communities you operate in.

Who is Bridgement?

Consisting of a group of engineers and data scientists, Bridgement entered the market to offer you a different approach to business funding. They realised that traditional business funding was a complicated process and that not everyone met the requirements to qualify for the help they needed.

Bridgement wanted to simplify the process and offer more people the opportunity to reach their goals. They can assist you with the funds you need to grow your business.

Bridgement’s core values

Every business has a set of core values that are laid down as the basis of its business ethics. Through these values, you’re assured of how you’ll be treated and what you can expect from a company. At Bridgement these values serve as a testament to the success they’ve reached over the years.

  • No surprises – At Bridgement you’ll be served with honest and transparent pricing. They make sure that you always know and understand what you pay for.
  • The long run – One thing that Bridgement strives for is to build long-lasting and trusting relationships. They’re committed to the growth of your business from the start.
  • Your growth – Their main goal is to ensure that your business reaches its full potential. They offer you responsible funding to help you forward in the best way possible.
  • Innovation – Bridgement has set the bar to offer you innovative and uncomplicated financing and unconditional support on your journey towards success.

The importance of good partnerships

Many companies form partnerships for various reasons. Bridgement has formed strategic and well-thought-through partnerships to ensure that they offer you up-to-date and market-related assistance to help you prosper.

Bridgement Services

Customer reviews are important as they tell you about the experience people had with a company. Bridgement’s customer reviews boast about outstanding customer service and a dedication to their clients.

Business credit facility explained

There are many different types of credit facilities to choose from. All of these credit facilities can assist your business to grow.

  • Retail credit facilities like credit cards
  • Letters of credit – a bank guarantee that payment will be received
  • Committed facilities – a source of credit that’s committed to providing a loan
  • Revolving loans

Credit facility offered by Bridgement

Bridgement offers a credit facility to assist your business in growing. They know and understand that everyone’s needs are different and therefore they give you a flexible and uncomplicated option.

With Bridgement’s line of credit facility, you could access funds of up to R5 million. The amount that you could qualify for depends on various factors such as your credit score, your business situation, and your trading history.

The charges for this facility are uncomplicated and straightforward. You’ll be charged a fee for each withdrawal. Depending on your credit profile, Bridgement has a flat monthly fee starting at 1.7%. The fees charged for each withdrawal will ultimately make up the total cost of the facility.

How the credit facility can benefit your business

A line of credit can be beneficial to your business in many ways. Having access to money when you need it can help with cashflow problems or paying for business-related products and services and avoiding interest being charged.

It’s an affordable and flexible alternative to traditional bank loans which can sometimes take months to get approved. It’s easy to apply for, won’t cost you extra in interest, and pays out in record time.

Bridgement – Credit Facilities

  • Loan Type Credit Facilities
  • Loan Amount up to R5,000,000

Benefits of Bridgement

  • Simplified business funding with a team of engineers and data scientists, aiming to make financing more accessible.
  • Transparent and honest pricing ensures you always understand what you pay for.
  • Committed to building long-lasting relationships and supporting your business growth from the start.
  • Offers a flexible and uncomplicated line of credit facility, with funds up to R5 million based on credit score, business situation, and trading history.
  • Clear and straightforward fees, including a flat monthly fee starting at 1.7% and fees per withdrawal.
  • Access to a line of credit helps with cash flow management, covers business expenses, and avoids interest charges.
  • Easy to apply for and pays out quickly.
  • User-friendly funding calculator and easy online application.
  • Offers early settlement discounts, making it even more attractive for businesses.

Unlock your business’s potential with Bridgement

Obtaining a credit facility for your growing business can open many opportunities that ultimately lead to growth.

Bridgement prides itself in offering you an affordable and understandable alternative when it comes to financing and they’re passionate about growing small businesses in South Africa.

Your guide to acquiring a Bridgement line of credit

Bridgement entered the market with the idea of offering you uncomplicated financing. They set out and made the application process easy so you can complete it with minimum effort.

The first step in the process is to utilise the funding calculator.

It’s an easy-to-use tool that allows you to calculate an estimate of the amount of credit that you could qualify for. The minimum you can apply for is R20,000 and the maximum is R5 million. You can choose between 1 to 12 months to repay.

When you have a better indication of how much you could qualify for you can start with the online application.

The requirements for the application

  • You need to have a trading history of six months or more
  • R500,000 minimum annual turnover
  • Own a close corporation or registered company within South Africa

Register for a Bridgement account

To register for a free account with Bridgement you need to complete the easy questionnaire that you’re directed to when you click on apply now.

Required information includes:

  • Email address and mobile number
  • You’re required to create a password
  • Indicate the funding you need
  • The duration you need the funding for

How the credit facility can be used

Once your application has been approved you can access the funds in three easy steps.

  1. Go onto your Bridgement profile and select any amount up to your approved limit, that you want to withdraw.
  2. You’ll be presented with the fee for your withdrawal and the repayment term. Once you accept them, the funds are made available.
  3. Repay the credit facility over the agreed-upon term. Bridgement offers early settlement discounts.

5 Reasons to partner with Bridgement

  • Transparent
  • Dedicated and committed
  • Flexible credit facility
  • Hassle-free application
  • Early settlement discounts

Let Bridgement help you reach your business dreams

Partnering with a company that has the best interest of your business at heart can simply be your journey to success. Bridgement’s values speak of commitment and dedication to the growth of small businesses in South Africa.

Bridgement Contact

Physical Address

  • 32 Impala Road, Chislehurston Sandton Gauteng 2196 South Africa
  • Get Directions

Postal Address

  • PO Box 650608, Sandton, 2010, South Africa

Opening Hours

  • Monday Open – 24 Hours
  • Tuesday Open – 24 Hours
  • Wednesday Open – 24 Hours
  • Thursday Open – 24 Hours
  • Friday Open – 24 Hours
  • Saturday Open – 24 Hours
  • Sunday Open – 24 Hours