Bridgement offers a flexible business line of credit. You can use this facility for Invoice Discounting (getting paid early for outstanding invoices) or as a standard Business Loan to ease cash flow or purchase inventory.
Bridgement
Bridgement South Africa: registered fintech lender, founded by Daniel Goldberg. Check NCR credit provider status, CIPC registration, contacts and how to verify the licence on Creditdeals.io. (158 chars)
Frequently Asked Questions
Your business must be a registered South African company (Pty Ltd or CC) trading for at least 6 months, with an annual turnover of more than R500,000. You must also use supported accounting software or have recent bank statements.
The online application takes about 2 minutes. Because Bridgement connects directly to your accounting software or bank account, they can often provide a decision and facility limit within a few hours.
No, Bridgement offers unsecured funding. You do not need to pledge physical assets or property as collateral, though a personal guarantee from the directors is typically required.
Bridgement charges a single, transparent fee per withdrawal. There are no application fees, monthly facility fees, or early settlement penalties. You only pay for the funds you actually draw down.
Yes, you can settle early at any time. Bridgement actually rewards early settlement by offering a discount on the fee, making it a very flexible option for short-term cash flow gaps.
No. Bridgement offers a confidential facility. They do not contact your debtors or take over your collections process. You remain in full control of your client relationships.
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Bridgement South Africa: registered fintech lender, founded by Daniel Goldberg. Check NCR credit provider status, CIPC registration, contacts and how to verify the licence on Creditdeals.io. (158 chars)