2020, a year like no other, was a whirlwind to say the least. With the global pandemic leaving its mark on history and overhauling life as we know it, Funding Societies too, had quite a year to remember. We turned 5 years old in 2020 – marking a significant milestone …
How to Invest in Singapore
Investing is one of the many important components in personal finance and educating oneself on it could bring you one step closer towards your financial goals. You may have come across some financial blogs online or simply had a chat with your friend. Whichever the case, do bear in mind …
Trade Financing: Gearing up SMEs for business growth in 2021
Trade finance has been increasing in popularity as a tool to smoothen out financial demands and drive business growth for Small Medium Enterprises in Singapore. This article will give a brief background of what Trade Finance means, its benefits, as well as the four key types of trade finances in …
Understanding Supply Chain Financing for SMEs in Singapore
Understanding Supply Chain Financing for SMEs in Singapore Supply chain ecosystems are like arteries of today’s globalised economy, allowing international trade flows. As world trade gets more and more complicated, competitive, and deglobalised, supply chain financing has evolved along to address the demands of buyers and suppliers. This article explains …
9 Principles of Investing for Beginners
Principles of Investing To start, there are no investment hacks and shortcuts. Investing requires time, research, and maintenance. Effort? Depends on the instrument. For instance, some asset classes might require more vigilance while others could mostly be a ‘buy and wait for maturity’ affair. Nonetheless, there is no instant fix …
7 Types of Alternative Investments
“Either make your money work for you or you will always have to work for your money” – Marshall Sylver. Whether it’s long-term financial security you are after or having some spare cash for a rainy day, you should consider to start investing – and better sooner than later. Here …
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How to Manage Your Investment Portfolio Like a Pro
Tips to managing your investment portfolio Managing an investment portfolio is a lot like managing a business. With a disciplined, patient, and proactive approach, you may preserve your wealth while attaining financial independence. Your investment strategies might differ, but you can bear in mind some principles that are consistent at …
Business Loan Singapore – The Definitive Guide (2021)
Ultimate Guide to Business Loans in Singapore Summary: Business loans may help SMEs facing cash flow problems to continue smooth operations. Some types of business loans include invoice financing, unsecured business term loan, merchant cash advance, business overdraft, venture debt financing and business line of credit. Before considering to issue …
Why Technology has accelerated the need for Polymaths in SMEs
T-shaped talent, or Polymaths, was first introduced by McKinsey & Company in the 1980s. It was used internally by upper management who were reviewing the kind of employees they should hire and the kind of consultants they wanted to partner with. T-shaped people are described as those who have a …
3 ways the RCEP boosts ASEAN Fintech
On 15 November, Singapore announced the signing of the Regional Comprehensive Economic Partnership (RCEP) at the 37th ASEAN Summit, making a commitment to facilitate regional trade flows alongside the ASEAN 10 member states as well as China, Australia, New Zealand, South Korea, and Japan. The RCEP is the world’s largest …