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Bridgement

Updated
  • Choose one or several invoices
  • 100% invoice finance
  • Pay one fee for each advance
Bridgement homepage
Author Bridgement. Screenshot of Bridgement website.
[Accessed July 25, 2023]

About Bridgement

If you’re a small business owner in South Africa, we have good news. You can now get affordable finance to grow your business, manage other large projects and still have enough cash to cover all your business expenses.

The Bridgement team is made up of a group of data engineers and scientists, and their primary objective is to simplify banking. They achieve this through their innovative approach that will change the financial industry for many generations to come.

A simple way for you to get finance in South Africa

Bridgement developed a simple way for South African businesses to get access to finance. They also removed all paperwork needed, allowing you to know your application status immediately. With their out-of-the-box thinking, they’ve managed to change the status quo in the financial realm within a short space of time.

Strong and positive values

  • You can expect no surprises on their products and pricing, as they’re all easy to understand.
  • Every customer is treated with respect.
  • Financial responsibility which leads to business growth is their number one priority.
  • Latest technological advances help them give you top-notch service. 

Renowned and leading business partners

One of the leading and renowned partners that Bridgement has collaborated with is Capricorn Capital Partners, which owns many franchises in South Africa.

Capricorn has offices in both London and Johannesburg. Moreover, Bridgement is a member of the South African SME Finance Association (SASFA) which was created to assist small and medium businesses to lend responsibly.

Bridgement Services

You can now turn your unsettled invoices into cash, which you can manage. With invoice finance from Bridgement, they give you access to funds, so you can effectively handle your customers who delay paying their dues.

  • You’re given the option to choose one or several invoices.
  • Strict confidential policy is adhered to.
  • You get the full value of the invoice.

Reap financial benefits with Bridgement invoice finance

  1. Bridgement offers you upfront cash of up to R5,000,00 on your unpaid invoices.
  2. You get better value out of your customer's unpaid invoices, which can assist you to keep control of money coming in and out of your business, as well as provide rapid business growth.
  3. Keep an ongoing relationship with your customers, as any invoices financed with Bridgement will never be disclosed to them.
  4. Settle when convenient for you so you can save and benefit greatly.
  5. Stay ahead of your competitors and unlock many opportunities for a business boom by acknowledging big contracts that come with extended payment terms.

How much does Bridgement invoice finance cost?

At Bridgement you pay one fee for each advance you’ve received. There are no other fees or interest included. You also won’t need to pay any monthly fees as their prices don’t contain any additional costs, meaning you’ll always pay exactly what you’re required to pay.

How much you’ll be charged is reliant on some factors such as how much you’re owed according to your invoice, what’s your current business condition and your business assets and liabilities. You stand to be offered an improved rate once you’ve built a good reputation with Bridgement.

Bridgement – Purchase Order Funding

  • Loan Type Purchase Order Funding

Benefits of Bridgement

  • Invoice finance: Convert unpaid invoices into cash to manage your business efficiently.
  • Flexible options: Choose one or multiple invoices with strict confidentiality.
  • Financial benefits: Access upfront cash of up to R5,000,00 on unpaid invoices, improve cash flow, and maintain customer relationships.
  • Cost-effective: Bridgement charges a single fee for each advance with no additional fees or monthly costs.

Oversee your cash flow with financial flexibility and no lengthy forms

 You’ll be required to:

  1. Own a registered business in South Africa
  2. The business should make more than R500,000 yearly.
  3. Business should be operating for 6 months.

Completing an application takes a few minutes

An advantage of applying at Bridgement is that the application is straightforward and should only take you a few minutes to complete.

For your application to be quickly processed, you’ll need to give them permission to your banking and accounting information. By doing this, you’re free from filling in forms while ensuring you're approved sooner and getting your cash immediately.

How is Bridgement helping businesses in South Africa?

If you’re an entrepreneur, and you’re looking for tips, advice, resources, news and more about how to accelerate your business and take it to new heights, you can subscribe to Bridgement’s newsletter.

How do you obtain invoice finance from Bridgement?

  1. You need to choose the right invoice suitable for you, which you can get access to on the Bridgement data tracking tool. By clicking on the ‘Get Paid’ option, you can choose only one or many.
  2. You now need to check the repayment fee and plan and acknowledge the terms set out on your advance as offered by Bridgement. The cash will be transferred to your account instantly after that.
  3. You pay back the cash advancement between 1 and 12 months. If you pay the full amount earlier than expected, you’re offered a discount on the due advance fee.

A modern approach to invoice finance

Invoice finance and discounting isn’t a brand-new development. What Bridgement has done is brought a modern and simple feel to it. You can get the cash you need for your business quickly and effortlessly, and what’s even better is that you can do everything online.

What makes the modern approach better than the traditional one

  • No paperwork is involved, it’s quick, and you get the requested advancement immediately.
  • You can now even get advances on invoices worth R10,000.
  • It’s business as usual as you persistently collect invoices from your customers.
  • No hidden costs, meaning you pay one fee for every advance you take.

Why should you use invoice financing?

It can be quite difficult to obtain business finance with a traditional lending institution if you’ve never taken any credit. What’s even worse is that banks often take long to approve you. Fortunately, if you’re in a covered industry, you can now score yourself cash to tend to your business expenses while you wait on your customers to pay you.

An explanation of how invoice finance works

With invoice finance, you take advantage of turning any unpaid invoice into funds. You get upfront cash on the money you’re already expecting from your customers but has not yet been paid to you. Invoice financing assists you to be able to pay off your staff, handling business expenses and better your cash flow.

Bridgement Contact

Physical Address

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

Postal Address

  • PO Box 650608, Gauteng, 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