A rise in interest rates will have a negative effect on the business environment, as it will make funding more expensive for SME borrowers. We are not able to predict or confirm if or when market interest rates will rise or fall and how it might affect the sentiment for business expansion and cost of acquiring working capital.
BRDGE is of the opinion that businesses must continue to thrive in both good and bad times. Funding is necessary for both business expansion and cash flow conservation; opportunities for business funding will therefore still be available.
Nevertheless, BRDGE will constantly monitor the economy and interest rate movement as necessary to provide synergy between investors and borrowers.