Integrating ESG Self-Assessment into SME Growth Stages: A Practical Guide

Integrating ESG Self-Assessment into SME Growth Stages: A Practical Guide

Environmental, Social, and Governance (ESG) is a framework used to evaluate and assess an organisation’s business practices and performances based on varying sustainability and ethical issues. The term was first introduced in the 2004 United Nations (UN) report, “Who Cares Wins”, which was a joint initiative of financial institutions invited …

Day in the Life of Nihit Nirmal, our Group Chief Product Officer

Day in the Life of Nihit Nirmal, our Group Chief Product Officer

What is it like to lead Funding Societies | Modalku’s Product team in Southeast Asia’s largest SME Digital Financing platform? 1. How long have you been with the company? I’ve been at Funding Societies | Modalku for close to 4 years. 2. What is your professional background? I have 16 …

How to use Elevate for SMEs: Issue Unlimited Sub Cards to your team

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 Pros and Cons of Refinancing your SME Business Term Loan in Singapore

5 Pros and Cons of Refinancing your SME Business Term Loan in Singapore

Taking out a business term loan can be an invaluable source of funding to help SMEs grow the business. A business term loan is a type of financing that provides SMEs with access to capital over a defined period of time. It can be used for various purposes such as …

5 SME Loan Options to Take Your Business to the Next Stage

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

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

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 …

Understanding the ‘G’ in ESG

Understanding the G in ESG

We all know the importance of ESG by now, as previously featured on our blog post on “E” (Environmental) and “S” (Social) aspects of ESG. But out of all three letters in the acronym, the “G” is often overlooked, because it is viewed as not “directly” linked to sustainability or …