Having Difficulty Financing Your Business? second one

If you are short of cash to pay salaries, rent or buy new supplies because your clients are paying you late, then, crowdfunding might be your answer. 

SMEs are encouraged to use them and since 2015, more than a billion Ringgit have been crowdfunded to help finance our nation’s businesses from various industries. See chart below 

P2p Stats

It doesn’t really matter which industry you are in, if your business enjoys a healthy double-digit profit margin and you provide products or services with fast turnaround time, then you are most likely a suitable candidate for P2P financing. 

Although the terms are only 30 to 180 days – they are repeatable i.e. You can “roll”. You can make full repayments today, and then raise a new round of financing next month or the month after. This will give you constant access to cost-effective capital as and when you needed them for your businesses throughout the year.  

An important benefit from repeated use of this facility is having a track record. The more rounds you raise (with prompt repayments), the cheaper your interest rates become and the more money you can raise for your subsequent rounds. 

I Am Interested To Finance My Business With Crowdfunding


This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity unless explicitly stated.
All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site.
The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information