Bridgement

Yes. Bridgement uses credit bureau data, bank statements, accounting records, and business registration data to assess applications. A credit check is part of the process.

For approved applications, funds can reach your bank account within hours during business hours. Same-day funding is possible but depends on approval timing and bank processing.

No. Bridgement is a registered non-bank credit provider and fintech company. It does not accept deposits and is not regulated by the Prudential Authority. It is regulated under the National Credit Act.

Bridgement is based in Sandton, Johannesburg, South Africa, and operates entirely online.

Bridgement was founded by Daniel Goldberg in 2016.

Yes. Bridgement is a member of the South African SME Finance Association (SASFA), which promotes responsible lending among alternative business lenders.

Bridgement operates exclusively online. There are no physical branches. All applications, approvals, drawdowns, and repayments happen digitally.

The maximum revolving credit facility is R10,000,000. The maximum for a standard business loan or invoice financing is R5,000,000. The exact amount you qualify for depends on your business's financial profile.

No. Bridgement charges a single flat fee per drawdown, not compound interest. The total cost is disclosed before you draw.

Yes. Your business must have been trading for at least 6 months and have a minimum annual turnover of R500,000.

Yes. Early settlement results in a discount on the unearned portion of the fee, effectively reducing your total cost of finance.

The online application itself takes approximately two minutes. A credit decision typically follows within 24 hours.

No. All document submission is done digitally via the secure online portal. There is no need to courier or email documents.

No. Bridgement lends to formally registered companies and close corporations only. Sole proprietors and informal businesses do not qualify.

No. There is no application fee and no obligation to use the facility once approved.

For approved applications signed during business hours, funds typically arrive in your account within a few hours. Some customers report same-day funding.

Yes. You can draw any amount up to your approved limit. You are only charged a fee on the amount you draw, not on the full facility.

No. Funds are only transferred to your registered business bank account. This is a compliance requirement.

Yes, the minimum drawdown is R20,000.

Yes. There is no early settlement penalty. In fact, settling early earns you a discount on the remaining fee.

Bridgement automatically debits your registered business bank account on the scheduled repayment dates according to the frequency you chose at drawdown.

Contact Bridgement support at hello@bridgement.com to discuss changes to your repayment schedule. Flexibility is available subject to your agreement terms.

The debit order will fail. Contact Bridgement immediately to arrange an alternative payment and avoid fee accumulation.

Bridgement does not have a dedicated native mobile app available on the App Store or Google Play as of mid-2026. All dashboard functionality is available via the mobile-optimised web application at bridgement.com.

Contact Bridgement support at hello@bridgement.com to discuss multi-user access for your account.

Bank account changes are handled by Bridgement's support team for security reasons. Contact hello@bridgement.com with your request and supporting documentation.

The web dashboard is accessible from any location with an internet connection. However, your business must remain registered in South Africa to maintain eligibility.

Bridgement's flat fee from 1.7% per month is typically higher than a bank's prime-linked interest rate. However, bank loans require collateral, have longer approval timelines, and may be inaccessible to many SMEs. Bridgement's speed and accessibility often justify the higher fee.

Both are strong fintech lenders. Bridgement offers higher maximum amounts (R10M vs R5M), longer terms (24 vs 12 months), broader accounting integrations, and the standby facility model. Lulalend (now Lula) remains a solid alternative for smaller, shorter-term needs.

No. As of May 2026, Bridgement does not have a native app on either platform. The service is fully accessible via the mobile browser.

Yes. The full application process, including document upload and account linking, is available on mobile via the browser.

Bridgement's web app is compatible with all modern smartphones running iOS or Android with an up-to-date browser. Very old devices or outdated browser versions may experience display issues.

Yes. The mobile-optimised web app works on tablets as well as smartphones.