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How does Bridgement calculate the interest rate I get charged on withdrawals from my credit facility
How does Bridgement calculate the interest rate I get charged on withdrawals from my credit facility

Insights into the factors that effect the interest rate on a credit facility

Bianca Cressy avatar
Written by Bianca Cressy
Updated over a week ago

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.
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To review preliminary indications, visit our pricing calculator.

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.

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