How Best Buy Suppliers Use Bridge to Access & Close Financing
Webinar exclusively for Best Buy Suppliers. April 15th at 12p EST
Webinar exclusively for Best Buy Suppliers. April 15th at 12p EST
Bridge operates independently. Financing terms, pricing, and documentation remain confidential between the supplier and the lender. Best Buy is not a party to the financing agreement.
No. There is no fee to request financing. Bridge is compensated by lending partners when a transaction closes. There is no obligation to move forward after reviewing loan terms.
Purchase Order Financing is most common. Bridge funds supplier and production costs tied to confirmed Best Buy purchase orders. Bridge can also support working capital loans, inventory financing, equipment financing, accounts receivable financing, and term loans for growth.
No. There’s no cost to see loan terms, and no obligation to close. You stay in control and only move forward if the terms make sense for you.
Loan terms are typically issued within approximately 48 hours after required documents are received. Funding timing depends on underwriting and transaction details.
PO financing provides capital to pay suppliers and start production before delivery to Best Buy. It bridges the gap between receiving a purchase order and receiving payment. Repayment typically occurs once Best Buy pays the invoice.
For approved transactions, financing may cover supplier invoices, manufacturing deposits, production costs, and freight or fulfillment expenses. Funding amount and structure are subject to underwriting.
Rates vary based on order size, time to repayment, and the supplier’s financial profile. Bridge works with a thoroughly vetted network of highly competitive lenders to ensure suppliers receive strong financing options. This helps keep costs down for both suppliers and Best Buy consumers.