Filling the gap between investors and SMEs

THE recent Financial Stability Review report by the Monetary Authority of Singapore (MAS) stated that small and medium enterprises (SMEs) could face financing challenges as banks were expected to be tightening their credit terms and conditions in response to economic uncertainties.
 
This has provided a window of opportunity for peer-to-peer (P2P) lending platforms in Singapore, as SMEs turn to crowdfunding to finance their business.