A loan by description is a situation in which a lender gives money or property to a borrower and the borrower agrees to return the property or repay the money, usually along with interest. It is therefore safe to say that between money and the borrower is a body which acts as a bridge for such a transaction to happen. It is from this background that one of South Africa’s most reliable lending houses is named Bridge.
Bridge loans is a South African business house whose core business is retail unsecured lending. With headquaters in Pretoria and over 50 branches, the Bridge vision is to be the chosen credit provider of short-term unsecured loans and be publicly recognised as a leader in the short-term lending industry.
To achieve this vision, Bridge has developed a range of loan products which are affordable and tailored to meet changing market demands.The Bidge loans are offered in four different categories which are AdvanceONE, AdvanceFOUR, AdvanceSIX and AdvanceTWELVE.
AdvanceONE offers cash amounts up to R7,100 with a repayment period of 1 month. AdvanceFOUR offers R7,100 with a repayable period of 4 months, AdvanceSIX offers clients up to R7,100 with repayment period of up to 6 months, the maximum amount of money on offer is R15,000 which is offered under AdvanceTWELVE with repayment periods of 12 months. Existing Bridge clients also enjoy the privilege of additional credit extended on an existing loan.
As a principal of responsible lending, a credit check and an affordability assessment is performed as part of the application process and this will determine the amount of money one qualifies for.
Bridge loans can be contacted on 0861112044.