It aims to make significant time and cost savings, as the current system for raising capital call facilities lacks efficiencies seen in other markets.

Founded by Andrew Frazer Smith, a former director at NatWest Group (pictured above), Bridge’s platform is easy to use and highly secure.

Borrowers and lenders input their borrowing requests and lending appetites which are instantly matched and placed into a live single-view environment.

Pillar banks, alternative lenders, and some of the most recognisable alternative investment funds are expected to become early adopters.

Borrowers can manage the bid process on one screen, and all included parties can communicate and refine terms directly to arrange either bilateral or club deals.

Through its bespoke ‘timescale’ milestones, Bridge ensures alignment of expectations and progress to stay on schedule through to draw down.

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Bridge’s data analytics provides lender customers with the analysis to help them improve their fund finance portfolio management and credit risk processes, whilst helping the marketplace’s customers benchmark deals and manage their finance risk. 

Andrew said: “Bridge is the updated marketplace that we have needed for some time.

“It cuts the time and costs associated with arranging fund finance significantly, whilst providing the data needed to support effective portfolio management.

“One benefit of that is increased market accessibility.

“We could see more borrowers and, crucially, more new lenders — perhaps most likely in the form of institutional capital with a variety of appetites.

“Our clients — all fund finance market participants and investors in alternative investment funds — deserve better.

“We’re here to make life easier for all parties.”