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Bridgement Aims To Use Technology To Disrupt Traditional Business Finance

Bridgement Aims To Use Technology To Disrupt Traditional Business Finance. Bridgement offers simple finance to small businesses across South Africa, enabling them to expand their operations, take on bigger projects and bridge gaps in cash flow. The company is passionate about helping its customers grow.

The company consists of a group of data scientists and engineers that started Bridgement with a single goal – to use technology and data science to bring a new approach to traditional business finance and to minimise the complexity and costs associated with it. With this goal in mind, they built the simplest way for businesses to get finance in South Africa, offering near-instant decisions on applications and removing the need for lengthy forms and long-term commitments. With its diverse and unconventional backgrounds, the company is disrupting business finance with revolutionary credit scoring models that use thousands of data points to assess the financial health of each business – all in a matter of seconds.

Bridgement helps South African businesses grow with fast and flexible business funding. Products include business loans, revolving credit facilities and invoice finance. Business owners are now able to better manage cash flow without any hassle or paperwork. They can apply online in 2 minutes and get funding within hours.

Bridgement is a proud member of SASFA (The South African SME Finance Association) which has been established to encourage transparent and responsible lending to small businesses. Bridgement subscribes to its code of conduct which gives guidance on roles and responsibilities required to protect small businesses, and ensure the industry is built for both ethical and sustainable growth.

By Thomas Chiothamisi
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