Bridge is a digital platform that allows businesses to submit a single loan request form to over 75 commercial lenders, streamlining the process of finding and comparing financing options. By facilitating quick access to multiple funding sources, Bridge addresses the challenges businesses face in navigating the complex landscape of commercial debt financing.
Funding
$13M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses often struggle to navigate the complex landscape of commercial debt financing, facing challenges in identifying and comparing financing options from a diverse range of lenders. The process of submitting multiple loan requests to individual lenders is time-consuming and inefficient. This complexity can hinder a business's ability to secure the optimal funding for growth and operations.
Solution
Bridge provides a digital platform that streamlines commercial financing by allowing businesses to submit a single loan request form to over 75 commercial lenders. The platform aggregates loan pricing and terms from interested lenders, enabling businesses to quickly compare funding options side-by-side. By providing access to a diverse lender network, Bridge simplifies the process of finding and securing commercial loans, including business term loans, lines of credit, commercial mortgages, SBA loans, equipment loans, and accounts receivable financing. The platform aims to combine the benefits of relationship banking with a user-friendly digital interface, offering businesses 24/7 online access and individualized service.
Target Audience
Bridge primarily serves US-based businesses with at least $100,000 in annual revenue seeking commercial loans for various purposes, including expansion, working capital, and real estate development.
Features
- Single loan request form submission to a network of over 75 commercial lenders, including banks, direct lenders, and CDFIs.
- Side-by-side comparison of loan pricing and terms from multiple lenders.
- Access to various lending products, including business term loans, lines of credit, commercial mortgages, SBA loans, equipment loans, and accounts receivable financing.
- Support for diverse financing needs, such as hospitality ground-up construction, working capital, and growth capital.
- Streamlined process for connecting with lenders specializing in specific industries, such as hospitality, manufacturing, and consumer goods.