If you are the owner of an SME, it can get quite overwhelming especially when you are wearing many hats and multitasking on the go. Here are our top picks of useful business apps to help you stay on top of things. Business app for accounting: Xero Xero is a …
3 Business Books to Read For SME Owners
Running a business is an exciting and challenging venture. Being your own boss means that you are free to forge your path and have the opportunity to turn your dreams into reality. This requires hard work, grit and luck. For many business owners or prospective business owners, the journey can …
3 Sales Forecast Models to Help You Achieve A Better Cash Flow
Why do you need to forecast sales? Accurate forecasts with minimal errors are key to budgeting and predicting a company’s financial outlook. As the lifeblood of businesses, sales forecasting helps to determine the health level of cash flows. It allows you to have a snapshot of upcoming business expenses and …
Peer-to-Peer Loans and Why You Should Consider Them | The Definitive SME Business Financing Guide 2018
As noted in the earlier section, the application process of Peer-to-Peer loans is relatively easier than traditional financial institutions, such as the banks because of the speed, access and flexibility. Easy application A drawback of bank financing is the lengthy application process that can take weeks or even months as …
10 Step Invoice Checklist to Help You Get Paid Faster
Have your sales been doing well but your business is still struggling with cashflow problems due to delayed payment? Invoicing well increases the probability of getting paid on time and keep your cash flow in check. Follow the invoice checklist below to be on a steady track for speedy payments. …
Ask Me Anything with Kelvin Teo
Our Co-Founder, Kelvin Teo, held an Ask Me Anything session on our community forum, Crowdfund Talks and we were heartened to see such an overwhelming response! For those who have missed the opportunity to get your burning questions answered by Kelvin, we have compiled some of the interesting and recurring questions …
SME Financing Options | The Definitive SME Business Financing Guide 2018
Now we will go thru the options SME owners have to finance their businesses. Businesses can either fund themselves through a variety of options, including equity or debt, with the latter being a more common practice. Do I finance my company via Equity or Debt? Firstly, let’s define debt financing. …
How To Maximise Your P2P Investments
By using the concept of compound interest, you can maximize your returns by reinvesting the repayments on your principal and/or loan listings on our platform with tenures between 1 to 12 months. Investors receive payments in monthly instalments or bullet repayments. You can, therefore, compound your returns by reinvesting the …
Funding Societies at the Singapore Fintech Festival 2018
What an exciting week for us and the finance industry at the Singapore FinTech Festival 2018! A report from MAS, the organiser of the event, showed more than 40,000 visitors gracing the Festival. Our booth at the ASEAN Fintech Startup Zone was constantly streaming with people from all over the …
6 Factors to Consider When Applying for Business Loans | The Definitive SME Business Financing Guide 2018
1. Specify the purpose of the funds It is important to identify the specific expense the loan is expected to cover. Besides covering business expenses, the funds can be used for new projects, such as business expansion, asset building and cash flow maintenance. 2. Determine the amount you require With …