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Bridge Funding Group Inc. Working Capital Review

Anne Miller

Anne Miller

Senior Author

Anne Miller

Senior Author

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Bridge Funding Group Inc. Working Capital ReviewOperating a business can be an expensive cost that many potential business owners do not take into account. With that being said, many business owners often contact different financial companies in efforts to help finance or lease equipment or other business needs. One company that may be worth your consideration is Bridge Funding Group Inc. of the BankUnited Family. In this article, we are going to review different aspects of this company and whether or not it’s worth your consideration.

PROS

In an industry where information and technicalities can be complex and confusing, Bridge Funding Group Inc. offers all their information and services in an easy-to-understand manner on their website.

CONS

This biggest complaint that follows Bridge Funding Group Inc. is the lack of transparency through-out the application process. Many businesses have claimed to follow the requests of Bridge Funding Group Inc. only to discover the lack of communication or proper information. Some have even mentioned taking measures to court due to the lack of professionalism.

Loan and Lender Information

Bridge Funding Group Inc. is actually a culmination of two subsidiary companies, Bridge Capital Leasing and United Capital Business Lending, both which merged together in efforts to become a national finance company. Today, BFG contains over $1.5 billion in assets, offering both equipment financing and franchise lending to help with working capital. Collectively, BFG belongs to the BankUnited company, placing it in one of largest and most prestigious financial institutions in the United States, which is currently valued with over $29 billion in assets. To offer a bit more of information, BankUnited, the parent of BFG, was ranked by Forbes Magazines as one of the best banks in America. With this high standard, it makes sense how Bridge Funding Group Inc. is leading the industry,

Rates and Fees

Like many other financial institutions in the market, Bridge Funding Group Inc. lacks the transparency that potential clients may be seeking. While the company’s website is easy to navigate and understand, the company lacks the pertinent information to attract and inform potential clients.

Application Process

To apply for Bridge Funding Group Inc., one must establish whether they are seeking franchise funding or equipment financing. From there, all you need to do is click on the “Getting Started” tab, which can be found at the top of their website. From there, all applicants need to do is fill-out the form below. Within 48 hours, a Business Development Officer with Bridge Funding Group Inc. will be contact to discuss the specific services you are interested in. During this conversation, it’s imperative to learn the different rates and fees. Given the complaints, be sure take note of every little detail.

Verdict

While Bridge Funding Group Inc. may offer a wealth of accolades or partnership with BankUnited, it still does not justify that lack of pertinent information on their website. While their rates and fees may be average or low – it’s unclear as to what potential clients can expect. With that being said, after further analyze, we suggest contacting Bridge Funding Group Inc, if you so please, at your own discretion.

Anne Miller


Anne is a Senior Author for SBL. She began her career as an independent consultant for local businesses after graduating with a BA in Management. Since that time, she’s expanded to writing as well as consulting to spread helpful knowledge to small business owners across the country.

 

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