Bridge Salary Advance (Salad)

Bridge Salary Advance (Bridge Salad) is an advance for salary earners in approved organisations to cover gaps in their finances.  Purpose of loan is not regulated and deductions are made from salaries at source or vide post-dated cheques.

Features

I. Up to 50% of monthly net pay can be obtained as loan.

II. Repayment is due within 30 days or next payday (whichever is earlier).

Requirements

I. Recent passport photograph.

II. Staff ID Card and Valid means of Identification.

III. Letter of employment.

IV. 3 month salary bank statement.

V. Post dated cheque.

VI. A guarantor or Employer’s undertaking to deduct and remit repayment from salary to the credit of Bridge Credit Ltd.

Bridge Salary Loan

Bridge Salary Loan is a loan product for salary earners in approved organisations to cover gaps in their finances. Purpose of loan is not regulated and deductions are made from salaries at source or vide post-dated cheques.

Features

I. Up to 5 times monthly net pay can be obtained as loan.

II. Loan tenor is between 2 and 10 months.

Requirements

I. Recent passport photograph.

II. Staff ID Card and Valid means of Identification.

III. Letter of employment.

IV. 3 month salary bank statement.

V. 3 month pay slips.

VI. Post dated cheques.

VII. Post dated cheque from a guarantor or Employer’s undertaking to deduct and remit monthly repayments from salary to the credit of Bridge Credit Ltd.

Bridge Loan

Bridge Loan is a loan product for non-salary earners with regular income that can be traced to their bank statements.

Features

I. Loan tenor is between 1 and 3 months.

Requirements

I. Recent passport photograph.

II. Valid means of Identification.

III. 6 month bank statement.

IV. Post dated cheques for repayments.

V. Post dated cheque from a guarantor.

Back To School Loan

Bridge Credit Back To School Loan is a loan product for salary earners specifically for payment of school fees for their children and wards.

Features

I. Up to 5 times monthly net pay can be obtained as loan.

II. Repayment tenor is between 1 and 10 months.

III. Disbursement Directly to school account.

IV. Disbursement is same day on submission of required documents.

V. Attracts lower interest rate.

Requirements

I. Recent passport photograph.

II. Staff ID Card and Valid means of Identification.

III. Letter of employment.

IV. 3 month salary bank statement.

V. 3 month pay slips.

VI. Post dated cheques.

II. Post dated cheque from a guarantor or Employer’s undertaking to deduct and remit monthly repayments from salary to the credit of Bridge Credit Ltd.

Bridge Acquire

Bridge Acquire is a loan product for salary earners and SMEs to acquire assets for their personal or business use.

Features

I. Up to 5 times monthly net pay can be obtained as loan.

II. Loan tenor of up to 12 months.

III. Minimum contribution of 30% of cost of assets.

IV. Assets to be purchased in the name of Bridge Credit Ltd and the borrower.

V. Interest calculation is on reducing balance.

Requirements

I. Proforma Invoice.

II. Recent passport photograph.

III. Staff ID Card and Valid means of Identification.

IV. Letter of employment.

V. 6 month bank statement.

VI. 6 month pay slips.

VII. Recent utility bill.

VIII. Post dated cheques.

IX. Insurance of assets.