Direct Bank Transfer to Your Business Account
Bridgement transfers approved funds directly to the registered business bank account linked to your application. This is the sole disbursement method — there are no cheques, no cash, and no transfers to third-party accounts.
Typical disbursement timeline:
- Applications approved during business hours: funds typically arrive within hours of signing
- Applications approved outside business hours: funds are typically transferred the next business morning
The Standby Facility Model
One of Bridgement's most distinctive features is the standby credit facility. Once your facility is approved:
- Your full approved limit sits ready in your Bridgement account
- You are charged nothing until you choose to draw
- You can draw any amount between R20,000 and your approved limit at any time
- Multiple partial drawdowns are possible within your facility
- Once a drawdown is repaid, the limit revolves and becomes available again
This model means you can treat Bridgement as a financial safety net — available when needed, at zero cost when dormant.
How to Make a Drawdown
- Log in to your Bridgement online dashboard at https://app.bridgement.com
- Select "Withdraw" and enter the amount you want to draw
- Review the fee shown for that drawdown
- Confirm the transaction
- Funds arrive in your business bank account within hours
Disbursement Methods Summary
| Method | Details | Timing |
|---|---|---|
| Electronic bank transfer (EFT) | Directly to your registered business bank account | Within hours (business hours) |
| Standby drawdown | Draw from approved facility at any time | Within hours of request |
Note: Bridgement does not disburse to personal accounts, third-party accounts, or international accounts.
Frequently Asked Questions — How to Receive Funds
Q: How quickly does Bridgement transfer funds after approval? For approved applications signed during business hours, funds typically arrive in your account within a few hours. Some customers report same-day funding.
Q: Can I draw only part of my approved facility? 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.
Q: Can Bridgement transfer funds to my personal account? No. Funds are only transferred to your registered business bank account. This is a compliance requirement.
Q: Is there a minimum drawdown amount? Yes, the minimum drawdown is R20,000.
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