Frequently Asked Questions
What is Bridge Marketplace?
What products do you offer?
Can I use Bridge to search for a personal loan?
What kind of lending terms should I expect to receive?
Will my business qualify for a loan?
What information do I need to apply?
What fees will I be charged for using Bridge?
None! Bridge does not charge borrowers any fees for using the platform. Our goal is to help you connect with the best lender for your needs. Bridge does not determine rates or any other loan terms — that’s up to the lenders.
Who is actually lending the capital to my business?
Bridge does not make any loans through its platform nor does it service any loans you may obtain. You will borrow directly from your chosen lender after the lender approves you for a loan.
Do I need to complete this entire process online?
Not at all—Bridge is intended to facilitate the initial introductions with lenders, but once you’ve connected, you can choose to talk over a call, through Zoom, or even in person.
Is there anyone at Bridge I can speak with about my business and its financing options?
Bridge is just a technology platform and does not offer financing, legal or other advice. However, as you connect with lenders, you are free to talk with them about your business and financing options. In the meantime, please feel free to reach out to Bridge’s support team if you have any questions about using Bridge.
What type of financial statement should I select on the Financial Details page?
- "Company Prepared" financial statements are prepared by you or someone from your business.
- "Business Tax Return" means that you are using your business tax returns that have been filed to the IRS as your financial statements.
- "CPA Compiled" financial statements are prepared by your CPA firm without any examination of the financial data you have provided them. The CPA does not provide an opinion or assurance that they have tested or examined any of the financials or internal controls.
- "CPA Reviewed" financial statements are prepared by you and include a limited examination by a CPA firm. The CPA performs basic analytical procedures to assess the financials but does not diligence internal controls. The CPA does not provide an opinion and expresses limited assurance about your financial statements.
- "Audited" financial statements are prepared by a CPA firm and reflect a very thorough examination of the financial records and information. The CPA analyzes your accounting records and studies the documentation of your transactions. The CPA provides an opinion and expresses assurance about your financial statements.
How do we make money?
We've built our platform around creating the best lending experience for small and mid-size businesses. Which is why they never pay us for the services we provide.
Instead, we earn money through our partnerships with lenders, who pay us for being a part of our lender network. That compensation doesn't impact our objectivity or impartiality in recommending potential lender partners that meet the unique needs of a business.