BRDGE Reviews and Comparison - Seedly
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BRDGE

  • Overview
  • Reviews (164)
  • Questions (0)
  • More Details
4.7
164 reviews
claimed

Claimed

This product is managed by BRDGE.

USER RATINGS

User Experience

4.6

Portfolio Transparency

4.6

Customer Support

4.4

Quantity of Deals

3.9

Quality of Deals

4.5

BRDGE

15% on interest earned

INVESTOR FEES

$1000 per campaign

MINIMUM INVESTMENT

0.077%

DEFAULT RATE (2019)

BRDGE

15% on interest earned

INVESTOR FEES

$1000 per campaign

MINIMUM INVESTMENT

0.077%

DEFAULT RATE (2019)

Details

BRDGE by Seedin Review 2020

BRDGE, previously known as Seedin, is a MAS licensed P2P lending platform that aims to connect businesses to alternative sources of funding, and simultaneously, investors to other diverse investments. BRDGE scores a high 4.7 out of 5 stars on SeedlyReviews. Many reviewers commented that BRDGE has a user-friendly interface ,with credibility in p2p lending, provides diversity in portfolios and has low default rates.

Investors on BRDGE will fund short-term loans and receive risk-adjusted returns of 5% to 17% p.a. repaid monthly. To start, the minimum investment for BRDGE is S$1,000.

BRDGE Investors can get to choose the type of businesses they prefer to fund according to the level of risk while businesses can choose what type of financing they require. BRDGE will then help match these 2 parties accordingly.

Read More about BRDGE
Reviews (164)

4.7

164 Reviews

  • 5
    124
  • 4
    31
  • 3
    7
  • 2
    1
  • 1
    1

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
  • An easy transaction. Wide portfolio selection and comprehensive system. User friendly system that one can explore in its own.

    0

    Post
  • Updated 2d ago

    Purchased

    BRDGE

    Love the product , Great clear details & very Affordable Pricing. Will recommend to my friends and family members ❤.

    1

    Brian Chong
    Brian Chong

    2d ago

    Hi there, I am Brian from the Seedly Operations Team, thanks for helping others by leaving a review on Seedly! While we are grateful for your sharing on your personal experience with the product, we have to inform you that your profile has violated our community guidelines as "Profile Usernames should be your real, full name. However, if you’re uncomfortable with using your real name, you may take up an Alias- on the condition that it is another real name." In light of this, kindly update your name to align with our community guidelines. You can read more at https://support.seedly.sg/hc/en-us/articles/900000136686-Profiles! Also, please try to provide more information on your user experience to help other users make smarter financial decisions. If you do not adhere to the community guidelines, your helpful review of your personal experience with the product will have to be removed in 3 working days. :( Looking forward to reading more of your reviews on Seedly! Thank you.
    Post
  • Updated 2w ago

    Purchased

    BRDGE

    If you are new to investment, this is definitely a good platform to start with. the interface is friendly with easy navigation. I would prefer to have more deals available. this may allow higher chances of investment as the deals get snapped up very quickly. I am not able to manually allocate most of the time as the webpage does not refresh fast enough.

    0

    Post
  • Updated 2w ago

    Purchased

    BRDGE

    While the platform and interface are great, the deals get filled up pretty quickly. I like the range of deals offered but more can be done to ensure a greater number of people get a shot at investing.

    0

    Post
  • Updated 2w ago

    Purchased

    BRDGE

    The interface is indeed user friendly, for a newcomer, you can easily navigate your way through. However, whenever there is a launch of a new deal, both the app and web becomes increasingly slow, I guess too many concurrent users trying to invest into the deal. So far, my auto invest feature has only work out once for my first deal, and so doing any manual allocation with the slow access encountered as mentioned above is going to be tough. By the time you have managed to go to your main screen, the deal is very likely all filled up. Would be great if something can be done towards this issue.

    0

    Post
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BRDGE for Investors

Benefits and Features of investing with BRDGE:

  • Investors can get up to 5% to 17% p.a. of returns paid monthly
  • At BRDGE, investors can choose the types of diverse loans to fund and their respective tenure - from Real Estate Development to Marketing and Communications over a course of 3 to 24 months.
  • The short tenure is ideal for investors looking for shorter term investment opportunities.
  • Choose from a variety of markets from Singapore, Taiwan, Philippines to Cambodia
  • There has been 100% repayment rate to investors since 2013 with the default rate under 1%
  • Additionally, investors get paid monthly which means not having to wait for the loan maturity.
  • If a Borrower fails to make full repayment, BRDGE can charge a late fee which would then be split between the itself and the funders
  • It is a safe and reliable platform licensed under MAS; however, returns on investments and capital are not guaranteed as they are not SDIC protected.

Risk Level

% Returns

Tenure

Interest payment method

High

11%-12%

1 -24 months

  • Reducing Balance
  • Balloon Payment

Moderate

9%-10%

1 -24 months

  • Reducing Balance
  • Balloon Payment

Low

7%-8%

1 -24 months

  • Reducing Balance
  • Balloon Payment

Rate of Returns for Investors on BRDGE Seedin

How to Invest on BRDGE?

  • Individual investors have to be at least above 18 years old, with a valid mobile number, documents, and an eligible local or foreign qualifying full bank account.
  • Corporate investors have to be incorporated in Singapore, with a valid mobile number and an eligible local or foreign qualifying full bank account.
  • Create an investor account: Register online, provide relevant personal details, agree to risk disclosure and platform agreement, wait up to 3 working days for KYC Approval.
  • Top-Up at least $1,000 to begin investing.
  • After a successful crowdfunded loan, a loan agreement will be made between investors and the business. If the crowdfunding campaign is unsuccessful, your funds will be released back to your account.

BRDGE For Borrowers

Sometimes businesses need a little help with cashflow for things like inventory, equipment costs, unexpected expenses or even expansion. BRDGE can help match those seeking short-term business loans with a pool of willing investors.

Here are some of the features of BRDGE for Business Financing:

  • BRDGE provides loans in the form of business loans. It helps businesses boost cashflow easily through BRDGE's flexible and fast p2p financing.
  • BRDGE is more likely to fund SMEs than other traditional financiers like banks.
  • Additionally, the repayment of loans is done via fixed rates so there will not be additional hidden costs.
  • Investing can be done through a corporate entity or just individually
  • More about BRDGE for lenders:

Repayment Term

1 to 24 months

Type of Rate

Fixed Rates
No hidden fees, simple and transparent

Early Pay Off

No penalty for early repayments

Fund Amount

from $20,000 to $5,000,000

Minimum Investment and Fees for BRDGE

The minimum investment for BRDGE is $1,000.

Risk Management Fee: 15% of all fees earned

Account Management Fee: S$88

Withdrawal Fee: There are no fees required to withdraw your funds from BRDGE

Success Fee: 3% - 5% p.a. for every successful crowdfunding exercise. (For Borrowers only)

Contact BRDGE

  • Tel: 6916 1799
  • Email: [email protected]
  • Address: 57 Mohamed Sultan Rd, #03-05, Sultan-Link, Singapore 238997
  • For more information, check out BRDGE's website.