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5 Reasons to Invest in Peer-To-Peer Lending

5 Reasons to Invest in Peer-To-Peer Lending

If you own a small, growing enterprise, getting funding from your peers through peer-to-peer (P2P) lending can be a great substitute to applying for a bank loan. On the other hand, if you are an investor, P2P lending can be a great way to earn returns while helping out SMEs. …

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Budgeting: Balance Your Spending

Personal Budgeting: Balance Your Spending

“My money keeps spilling out like water.” Many of us have experienced the frustration of having too many expenses to track. We have to pay for housing, utilities, taxes, transportation, food, the list goes on. Sometimes we can’t catch a break despite bringing in a reasonably good income. It’s normal …

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Why Invest in P2P Lending?

Why Invest in P2P Lending?

Many people are new to peer-to-peer (P2P) lending as an investment option. Questions arise. Is it trustworthy? Does it fit my needs as an investor? Who else have invested in it? All valid concerns. Nearly no one wants to jump in blind when it comes to investing hard-earned money. Not …

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Types of Investments

Types of investments

If it is long-term financial security you are after, you will have to start investing – and better sooner than later. Here is a quick guide to the different types of investments: 1. Time deposits A time deposit is a bank deposit with (i) a higher interest rate than a …

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The Best Advice We’ve Heard about Crowdfunding and P2P Lending

best and worst advice about crowdfunding

Don’t invest in a person or a company on the basis of its name and fame The rise of crowdfunding and its offshoots have attracted big names. Celebrity artists like Neil Gaiman and Whoopi Goldberg have utilized crowdfunding campaigns. Businesses more familiar to our ears have tapped into peer-to-peer (P2P) …

Investing in a Post-US Election World

Investing in a Post-US Election World

Prior to US Election Day 2016, most polls had projected a Hillary Clinton victory. So to say that the eventual result was unexpected seems fair. The shock impacted the markets even before the official winner was declared. As Donald Trump’s victory became more and more assured, gold prices soared; the …

8 Steps to Creating a Smart Financial Plan

8 Steps to Creating a Smart Financial Plan

An illuminating Straits Times article published early this year revealed the results of a poll conducted by the Financial Planning Association of Singapore (FPAS). Some unexpected and uncomfortable finds were disclosed. Only a third of Singaporeans had a comprehensive financial plan. Only 11% felt knowledgeable about financial matters. Most felt …

Investing in Invoice Financing vs Term Loans

Investing in Invoice Financing vs Term Loans at Funding Societies

Some of our investors may have already heard of our new product – Invoice Financing. We hope that this post will help to answer some of the FAQs regarding investing in invoice financing and dispel any confusion. Q: What is invoice financing? Invoice financing is a loan product where sellers …

Good Deeds Paid Off for Withdrawal of Loan

At Funding Societies, safe growth is more important than fast growth.

As you are aware, Funding Societies takes credit assessment and defaults very seriously. To us, safe growth is more important than fast growth. This is evident from our default rate of 1.8% (as of June 2016), which is much lower than that of comparable platforms. It is a principle shared …

3 Reasons Why Peer-To-Peer Lending Should Be In Your Portfolio

Why Peer-To-Peer Lending Should Be In Your Portfolio

Peer-to-Peer (P2P) lending is a fixed-income instrument. The concept of how it works is that individuals lend money to Small & Medium Enterprises (SMEs). It is somewhat like crowdfunding, where people pool money to give it to a company that they want to support. However for P2P lending, they lend …