Question 1

What is Bridgement and how does it work?

Accepted Answer

Bridgement is an online business funding platform that gives South African SMEs fast access to working-capital finance through a fully digital application and a dashboard-based credit facility. You apply online in a few minutes by connecting your bank or accounting data, get approved for a credit facility (typically within 24 hours), then draw funds on demand and repay over 1 to 24 months with a fixed finance cost per withdrawal.

Question 2

How much does Bridgement cost?

Accepted Answer

Bridgement charges a single fixed finance cost on each withdrawal from your facility, disclosed upfront as the total cost of finance. There are no separate interest charges, application fees, account fees, or ongoing facility fees, and you can reduce your effective cost through discounts for early repayment; specific rates are personalised and not publicly listed.

Question 3

What countries does Bridgement operate in?

Accepted Answer

Bridgement operates in South Africa and provides funding to registered South African businesses. There is no evidence that it currently serves businesses in other countries.

Question 4

How do I sign up for Bridgement?

Accepted Answer

You can sign up for Bridgement by completing the online application on its website, which typically takes about two minutes and requires basic business details plus connecting your bank or accounting data. Once your application is assessed and approved, you receive a credit facility and gain access to the online dashboard to request funds.

Question 5

Does Bridgement have a mobile app?

Accepted Answer

Bridgement does not currently offer a mobile app. Access to the service is provided through its web-based platform.

Question 6

Who is Bridgement best suited for?

Accepted Answer

Bridgement is best suited for registered South African small and medium businesses that need working capital for cash-flow smoothing, inventory or equipment purchases, or growth. It serves a wide range of sectors, including agriculture, construction, e-commerce, retail, hospitality, medical practices, and professional services.

Question 7

Does Bridgement have a plan for teams or businesses?

Accepted Answer

Yes, Bridgement is designed specifically for businesses and offers credit facilities that can be used by company owners and their teams to manage cash flow and funding needs. Its products, including business term loans, lines of credit, and invoice finance, are all structured for SMEs rather than individual consumers.

Question 8

Does Bridgement offer an API or integrations?

Accepted Answer

Bridgement integrates with accounting tools such as Xero, as reflected in its Xero App of the Year awards. An official public API is not mentioned, and there is no publicly available API documentation, so any further API access would need to be discussed directly with Bridgement.

Discover Products, Get Discovered.