Online Banking: Easy Tips To Prevent Cyber Attacks And Safeguard Your Money

Online Banking Easy Tips

When faraway princes are after your heart and Insta-buddies are after your OTP, the best thing you can do for your life’s savings is to follow these life-saving tips. The Internet has brought us an unprecedented level of convenience but not without new dangers. Fraudsters are increasingly taking advantage of …

Invoice financing VS Traditional loans: What is the difference?

Invoice financing

Invoice financing VS Traditional loans: Content Summary: Invoice financing is different from traditional loans, and it has its own set of pros and cons. Companies can choose from the five major types of invoice financing available, namely invoice factoring, invoice discounting, selective invoice financing, spot factoring and auctioning online, based …

All new Property-Backed Investment with Guaranteed Returns

Introducing GPI - Property-backed Investment with Guaranteed Returns

What are guaranteed returns on investment? Every investment comes with different levels of risk. An effectively guaranteed return on your investments simply means that investors are promised with some levels of certainty that they will receive a return on their investment in any circumstances.  Funding Societies’ new Guaranteed Property-backed Investment …

3 Reasons Why SMEs in Singapore should Go Digital

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3 Reasons Why SMEs in Singapore should Go Digital It is no longer an option. From 2010-2018, Enterprise Singapore launched several programmes aimed at increasing SME productivity. As the nation embarked on a major innovation drive, the Government introduced the Productivity and Innovation Credit Scheme (PIC) in Budget 2010. The …

Ultimate Guide: Investing During a Recession

(2020) Ultimate Guide: Investing During a Recession

Investing during a recession: COVID-19 has brought global economic activities to a near standstill, Singapore included. While effects of the pandemic have proven to be severe, with subsequent repercussions being difficult to predict, it is important to not disregard the opportunities that it can bring for some sectors. Investors should …

SME Grants Singapore: The Definitive Guide [2021]

sme grants singapore

Readers can expect to gain a solid understanding of what qualifies as an SME, as well as various grants available locally. In light of COVID-19, pandemic-specific grants will also be explored. Lastly, actionable steps on grant application and means to maximise the chances of a successful application will be discussed. …

How Diversification Can Help to Minimise Risks in P2P Lending

Investment Diversification

One of the largest risks in investing in a P2P lending platform like Funding Societies is the risk of a SME defaulting. Portfolio diversification by the means of investing into a good mix of deals on the platform could help investors to minimise this risk. For business term investments, a …

An Overview of P2P Lending in Singapore

An Overview of P2P Lending in Singapore

Peer-to-Peer or more commonly known as P2P lending started in the US and UK slightly over a decade ago in 2005, and has since taken the world by storm. Its global value is expected to hit an astounding USD1,000 billion by 2050. In recent years, this form of alternative lending …

Funding Societies Review:
5 Years and S$1.4b in SME Financing later

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And our renewed commitment to the local business community in future Let’s review Funding Societies: This month we turn 5 years old! From a wide-eyed newbie who burst onto the lending scene and quickly disbursed our first crowdfunded loan in 2015, to an experienced digital financing platform who is now …

Investing into Property-backed Secured Investment

PBSI2

Debt crowdfunding, commonly known as peer-to-peer (P2P) lending is an investment concept where individuals & institutions together invest in loans to SMEs and earn returns in the form of interests. Launched over 1.5 years ago after Business Term Loan Investment and Invoice Financing Investment, the Property-Backed Secured Investment provides a …