Nationwide Asset Collection & Delivery Available
FAQS
Faq
Here are some of the most commonly asked questions about our asset-based lending services at Bridgeway Capital, providing you with detailed responses to help you understand how we can meet your financial needs.
Do I need a good credit score to apply for a loan?
No, at Bridgeway Capital, we do not require a credit check for loan approval. Our asset-based loans are secured against the value of your assets, which means your credit history will not impact your ability to obtain a loan with us.
What types of assets can I use as collateral?
You can secure a loan using a variety of assets including, but not limited to, luxury watches, cars, jewelry, and fine art. Each asset is assessed on its current market value.
How quickly can I receive funds after applying?
Typically, funds are disbursed within 24 hours after the loan agreement has been signed, depending on the verification of your asset and completion of all necessary paperwork.
Are there any fees for early repayment of the loan?
No, Bridgeway Capital does not charge any fees for early repayment. You are free to settle your loan at any time before the due date without additional costs.
How is the value of my asset determined?
The value of your asset is determined by a professional appraisal conducted by our expert team, taking into account current market conditions and the specific qualities of your asset.
Faq
These FAQs are designed to address the most common concerns and questions our clients have about working with Bridgeway Capital. If you have more questions or need further clarification, please do not hesitate to contact us directly.
: Is my personal information kept confidential?
Absolutely. We prioritize the privacy and security of all our clients' information. Only essential personnel have access to your personal data, and we use robust security measures to protect it.
Can I apply for a loan if I am not a UK resident?
Currently, Bridgeway Capital services are available to UK residents only. You must be residing in the UK to apply for a loan with us.
What happens if I am unable to repay the loan?
In cases where repayment is not possible, as a last resort, the asset used as collateral might be sold to recover the loan amount. However, we always try to work out a suitable arrangement with our clients to avoid this scenario.
Can I increase the loan amount after the initial agreement?
Depending on the value of your asset and your initial loan terms, it may be possible to increase the loan amount. This would require a re-evaluation of your asset and agreement terms.
How can I make loan repayments?
Repayments can be made via bank transfer or direct debit. We strive to make the repayment process as convenient as possible for our clients.