Social Enterprise Financing

Here’s a bit of good news for all Social Enterprises. If you are a registered social enterprise or are eligible for social enterprise registration, then we have a message for you! Budget 2020, a budget released by the Malaysian government in October 2019, announced a fund allocation of RM10million specifically …

Should I Choose Business Financing or A Personal Loan?

Business Financing options

A catch-22 situation that all business owners face at some point, is where to get substantial funding to grow their business. Businesses nowadays have to be innovative, forward-thinking and problem-solving entities to entice their customers and make an impact in their audience. For that to happen, they need funding.  Despite …

How to Improve your SME Financing Approval Rate

Getting SME financing is a hurdle many small businesses face. Banks are strict with lending money to businesses more so than lending money to individuals. However, the fact remains that businesses in general sometimes need financial aid to keep it afloat and stabilise cash flow. While getting your business financing …

Why SMEs Should Choose P2P instead of Traditional Banking. 

If you are a small business or planning on starting up a business, you are more than likely aware of the difficulties of getting a business loan. Traditional banking both for business and personal loans involve long processes and procedures, making it difficult and strenuous. Which is why more businesses …

How to use your Business Loan and Use it Cost Effectively

Business Loan

It is a well-established fact that finance is the most fundamental factor in which a successful business thrives. This makes financial decisions both vital and precarious. Apart from deciding the source of financing, it is as important to consider the amount of business loan required. The financial analyst should assess …

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How to Manage Working Capital for SMEs

How to Manage Working Capital for SMEs

What is the most important focus area for any business? Most SMEs make the mistake of focusing only on the profitability of the business. But liquidity is the other pillar on which a company stands. Liquidity is achieved through efficient working capital management. The concept is similar to a person’s …

Cash is King, Cash Flow is Emperor

Cash is king, cash flow is emperor

Businesses, especially SMEs, have grown highly competitive in the past 10 years. Local competition is not new, but international and online competition have kept small businesses on their toes. And along with the general cost of living, cost of doing business has gone up as well. In such a scenario, …

FinTech as Digital Solutions for SMEs

FinTech as Digital Solutions for SMEs

When it comes to managing finances for a successful business, gaining financing is only one part of the story for small and medium-sized enterprises (SMEs). Thankfully, various FinTech platforms provide solutions that can make the lives of small business owners easier. Mainly, FinTech helps through the three categories below: Online …

When Should You Apply for Business Financing?

When Should You Apply for Business Financing?

Building and nurturing a successful business requires a good amount of working capital. The funds can come from private assets, investments, or financing from banks or peer-to-peer (P2P) financing platforms. But when is the right time to apply for business financing? There are 3 situations that would call for more …

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Choosing the Right Crowdfunding Product

Choosing the Right Crowdfunding Product

Interested in raising capital through crowdfunding? We’re not surprised. After all, crowdfunding comes with some pretty sweet advantages. The crowdfunding process is quick and simple – often entirely online. Because crowdfunding requires no collateral, it is a great alternative to traditional financing products. There are three major forms of crowdfunding: …