When conducting important transactions that involve numerous intricacies, it is essential that safeguarding measures are in place to protect the interests of both parties. One efficient and common approach is none other than utilising an escrow account. What exactly is an escrow account? Now what exactly does escrow imply, and …
An Overview of P2P Lending in Singapore
Peer-to-Peer (P2P) lending started in the US and UK slightly over a decade ago in 2005, and has since taken the world by storm. Its global value is expected to hit an astounding USD1,000 billion by 2050. In recent years, this form of alternative lending has been experiencing a steady …
Why Businesses Should Not Be Reluctant to Talk About Debt
In many cultures across Southeast Asia, it is common for debt to be thought of as a taboo. A common assumption made is that only people who spend irresponsibly take on debt. Traditional businesses owners, similarly strive for a debt-free business. However, there are many reasons why taking on loans …
Understanding the Loan Fact Sheet
Investors on our platform are provided fact sheets for each and every crowdfunding opportunity. The fact sheet provides all the pertinent information with regards to the investment opportunity. Funding Societies provides a risk-based assessment of the SME’s creditworthiness; based on the company’s business model, financials, directors’ credit scores, and its …
Why a Loan Default Does Not Mean a 100% Principal Wipeout
This blog post is contributed by CrowdFund Talks user, Bendahara. Bendahara is an avid user of our forum and describes himself as an ex-banker. He invests on the Funding Societies platform. In this guest post, he addresses two questions most often asked by investors on defaults and why a loan …
Introducing CrowdFund Talks, A Community for Savvy and Discerning Investors
There are many forums out there but few that focus on investments in crowdfunding and alternative investments. CrowdFund Talks is Funding Societies’ very own community page. We are firm believers of the collective wisdom of the crowds (after all, we’re a crowdfunding platform!) and are motivated to create a platform …
How To Become A Better Investor With Ray Dalio’s 5 Investing Principles
Ray Dalio is the founder, Chairman and Chief Investment Officer of the world’s largest hedge fund Bridgewater Associates. According to an industry study, Bridgewater’s hedge fund has made more money for its investors than any other hedge fund ever. Having started Bridgewaters out of a two-bedroom apartment in New York …
5 Crucial Things to Look Out For in an Investment
We all know the benefits of investing. Investing allows your money to grow. But most people only focus on the positive side of things in investing. What about the things that you need to look out for in an investment before you commit to it? To help you be better …
World Bank Advisory Council Member Dr. Muhamad Chatib Basri Joins Funding Societies as Advisor
Funding Societies is excited to announce that Dr. Muhamad Chatib Basri, a highly regarded economist and member of the World Bank Advisory Council on Gender and Development as company advisor. Dr. Basri’s expertise and experience in macroeconomics and the regulatory field will serve as valuable support towards Funding Societies’ vision: …
Funding Societies Hits SGD 200 Million in SME Crowdfunding
Funding Societies is heartened to announce we have surpassed the SGD 200 million mark in total crowdfunded SME loans. This achievement came just 6 months after crossing SGD 100 million in January this year. In the same period, its investor base has also increased from about 40,000 to 75,000, indicating …