One common challenge when running any business is funding. For young businesses especially, getting loans through the banks can be a challenge due to a few reasons:
With peer-to-peer lending platforms in place, small businesses now have a new avenue to turn to, when in need of funding.
While having the lowest charges can be one of the considerations for your investment, there are definitely more factors to consider. Hence, real user reviews will definitely give a whole lot more insights to each product before you make a decision on the platform of your choice.
All the mentioned platforms are regulated by the Monetary Authority of Singapore (MAS). They were issued with the Capital Markets Services License.
The onboarding process are generally quite easy and fast.
Should one decides to invest in any of the P2P platforms, do take note:
This article was contributed by Seedly Singapore.