Is this bridle you speak of otherwise known as an equaliser strap?
If yes, I've got a TJM/Ox one, pretty sure it was sub-$100 (might have even been sub-$50/$60!?), and came in a nice bag like their snatch straps.
I use it without exception on the front of our Triton between the two hitching points to equalise the load. It doesn't stretch. Pretty sure it's not meant to.
Recommended..