A Guide to Financing Your Manufacturing Business

If you are looking to set up your own manufacturing facility in Singapore, there should be some factors for you to consider as it can be a challenging task for any entrepreneur. Your profit and loss figures identify your sales, expenses and the resulting profit or loss. This information is …

7 Expenses Restaurant Owners Can Expect to Face

Restaurant Owners

Whether you’re an experienced restaurant owner dreaming of Michelin stars or an aspiring café owner looking to open your own café, financing your F&B business can be extremely challenging in Singapore. How much does it cost to start a restaurant business in Singapore?   A restaurant business can be expected to …

How to Manage Your Working Capital During Peak Season

Working Capital Seasonality

How do you manage your working capital if your business is impacted by seasons? If you manage a seasonal business, you would concur that peak seasons can be quite overwhelming due to the sheer amount of work that is required. However, if you are able to plan and anticipate for …

Debt vs Equity Crowdfunding

Equity Crowdfunding

Let’s say you’re a small business. You’re doing great, you’re turning a profit, but the bank just won’t give you the loan you need to expand the business. Does this sound like you? Well, the good news is that there are two alternative finance routes you can go down – …

Why Businesses Should Not Be Reluctant to Talk About Debt

Business owner pulling a heavy debt sign

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 …

Introducing Invoice Financing V2.0 from Funding Societies

Funding Societies New & Improved Invoice Financing V2.0

In 2016, Funding Societies launched our second product, Invoice Financing. Through Invoice Financing, businesses can realise their unpaid invoices sooner. This allows them to put more cash towards business growth. Unlike a business term loan, you are not taking on any additional debts. You are simply freeing up money owed …