As a business owner, you know that cash flow is the lifeblood of your company. You need to make sure you have enough money coming in to cover expenses and keep your operations running smoothly. But when cash flow is tight, it can be difficult to access the funds you …
A Guide to Accounts Receivable (AR) Financing in Singapore
66% of businesses in Singapore struggle with the increase in overall business costs. Are you a small business owner struggling to find capital for your venture? Accounts Receivable (AR) financing may be the answer. This blogpost will give you a guide to Accounts Receivable (AR) financing in Singapore and how …
How to use Elevate for SMEs: Issue Unlimited Sub Cards to your team
As a small or medium-sized enterprise (SME) based in Singapore, managing company expenses can be a daunting task. With limited resources and manpower, busy business owners can find it difficult to keep track of spending and ensure that budgets are allocated correctly. This is why having a corporate card with …
5 SME Loan Options to Take Your Business to the Next Stage
Business loans can help the growth of your business in various ways. Whether they’re used to hire more employees, offer new products, expand to a new market, or purchase better equipment. These financing options can provide your business with the capital you require to branch out. Taking the crucial step …
4 Ways of Utilising the Elevate Virtual Card to Expand Your Business
As a small and medium-sized enterprise (SME) or business owner, do you often find yourself lacking complete control and overview of your company expenses? Well if you face this dilemma, the Elevate Virtual Card is an option on top of a credit line from Funding Societies which can help you …
To green Southeast Asia, zero in on SMEs
Amid tough market conditions, smaller players are likely to pick survival over sustainability. Can the industry change that? -by Kelvin Teo Kelvin Teo is the Co-founder and Group CEO of Funding Societies | Modalku, the largest SME digital financing platform in Southeast Asia. 2023 is in swing, and with the …
What Every SME should know about AR Financing vs. AP Financing before Applying for a Business Loan
Without access to capital, small and medium-sized enterprises (SMEs) can struggle to grow and thrive. Are you an SME looking for a business loan? You may have heard of Accounts Receivable (AR) Financing and Accounts Payable (AP) financing in Singapore, but do you know how they differ? Both are common …
Funding Societies Singapore: Introduction to our SME Loan, Virtual Card, and Expense Management Products 2023
Are you a small business owner in Singapore who has explored a variety of business financing options but can’t find what’s best for you? If you’re looking for financial support aside from banks and traditional financial institutions, and need more information on alternative business financing, we have the guide for …
SME Business Financing: The Definitive Guide (2023)
Are you a small and medium-sized enterprise (SME) owner looking for ways to finance your business? With so many different types of SME business financing available, it can be difficult to know which one is right for you. This is why we have created this SME business financing guide. In …
Budget 2023: 8 ways Singaporean SMEs can maximise tax benefits
Small and medium-sized enterprises (SMEs) are the lifeblood of the Southeast Asian economy, making up 97% of its businesses and utilising 67% of its workforce. Funding Societies has fuelled this growth by bridging the gap between Southeast Asian businesses and investors since our launch in 2015. As the region’s largest …