The data Bridgement uses
Bridgement uses complex algorithms to assess thousands of data points which include credit data, government data, legal records, other public data, trade history, quality of invoices and debtors, etc. All the data collected is used to assess each client holistically, so it is difficult to point to any single data point in isolation that results in a particular interest rate being set for a credit facility.
How to improve your rate
Customer behaviour and performance over time is also an important contributor to the rates they get from Bridgement. Clients that use their facility and consistently make repayments on time, are rewarded with larger facilities and improved rates over time.