Responsible Lending Policy

1. Our Commitment

At Bridgeway Capital, we are committed to responsible lending. Although we are a broker and not a lender, we work exclusively with reputable, FCA-authorised lenders who share our ethical standards. Our goal is to ensure that all clients receive fair, transparent, and suitable financial products that meet their specific needs without causing financial harm.

2. Suitability Assessments

Each loan application is evaluated to determine its appropriateness based on the client’s circumstances, asset type, and repayment capability. We only proceed with offers from lenders that match the client’s situation and the value of the collateral.

3. Transparency

All fees, interest rates, and terms are clearly disclosed before any agreement is made. There are no hidden charges. We encourage clients to review all terms carefully and ask questions to ensure full understanding.

4. No Pressure Policy

We do not use high-pressure sales tactics. Clients are given time to consider their options and are encouraged to seek independent advice before proceeding.

5. Monitoring and Improvement

We regularly monitor our lending partners to ensure compliance with responsible lending practices and continuously review our internal processes to maintain high ethical standards.

Anti-Money Laundering (AML) & Compliance Policy

1. Introduction

Bridgeway Capital is fully committed to complying with all UK Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) regulations, including the Proceeds of Crime Act 2002 and the Money Laundering Regulations 2017.

2. Client Identification (KYC)

We conduct thorough Know Your Customer (KYC) checks before engaging in any transaction. This includes verifying identity, address, and ownership of the assets offered as collateral.

3. Risk Assessment

We carry out a risk-based assessment of all transactions and clients to identify potential exposure to money laundering or fraudulent activity.

4. Reporting Obligations

Any suspicious activity is promptly reported to the National Crime Agency (NCA) through a Suspicious Activity Report (SAR), in line with legal requirements.

5. Staff Training

All team members receive regular AML training to ensure they understand red flags and are equipped to act appropriately.

6. Record Keeping

We maintain detailed records of all transactions and client identification for a minimum of five years, as required by law.

Terms of Loan Agreements

1. Loan Agreement Overview

When a loan is agreed upon through Bridgeway Capital, the client enters into a formal agreement directly with the lender. We facilitate this process to ensure all terms are clearly presented and legally compliant.

2. Key Terms

• Loan Amount: Based on the appraised value of the collateral.
• Interest Rate: Fixed or variable as agreed with the lender.
• Repayment Period: Typically up to 6 or 7 months, with no early repayment penalties.
• Collateral: High-value assets held securely by the lender for the duration of the loan.

3. No Monthly Repayments

Most agreements involve a single repayment at the end of the term. Early repayment is allowed without additional fees.

4. Asset Return

Assets are returned to the client in the same condition once the loan and interest are fully repaid.

5. Default Terms

If the client fails to repay the loan by the end of the term, the lender may sell the asset. Any surplus proceeds after loan and interest deduction will be returned to the client, where applicable.

6. Legal Compliance

All loan agreements facilitated by Bridgeway Capital comply with FCA guidelines and consumer credit regulations, where applicable.