You’ve probably heard about Peer-to-Peer (P2P) lending as an alternative investment.
What Is P2P Lending?
P2P lending allows investors to earn attractive interest on their money by lending it to businesses with growth potential and plans. Returns come in the form of regular repayment of interest and principal. For any given loan, there could be hundreds of investors who put up the money and share the risks and returns of the investment.
Peer-to-Peer lending is enjoying increasing interest and participation in Singapore for a few reasons.
#1 Higher Returns Than Traditional Investment Instruments
P2P loans could yield returns in the region of 10 to 14% per annum, which is very attractive, given the low interest rate environment.
#2 Short Investment Time Horizon
Compared to other investments than require you to hold an investment for years before seeing a substantial return on investment, yield from P2P investments can start to stream in months after the initial investment.
#3 Huge Capital Not Necessary To Invest
For as little as $100, you can begin to invest in P2P loans. This makes it ideal for young people who do not have alot of cash to spare and beginner investors.
#4 Relatively Simple Investment Mechanics
Investing in P2P loans do not require knowledge of technical analysis, performing stock valuations, or an advanced knowledge of finance. For each P2P investment, investors can examine a comprehensive factsheet that spells out vital information about the company and the terms of the loan. You can then decide for yourself if the returns promised is worth the risk will be taking on.
Interested To Learn More?
If you’re interested to learn more about P2P lending and how you can get started, Funding Societies is organising a seminar titled “What is Peer-to-Peer Lending?“.
Date: 24 January 2018
Venue: The Working Capitol (1 Keong Saik Road)
Time: 6.30pm – 8.30pm
(Registration: 6.30pm – 7pm)
– What is Peer-To-Peer Lending? – A global and local perspective
– How does investing in P2P lending work?
– Returns and risks in P2P lending
– How you can invest on Funding Societies’ platform
– Q&A session and networking
Drinks & light snacks will be provided.
About Funding Societies
Founded in 2015, Funding Societies is an award-winning digital lending platform that enables SMEs to get unsecured loans and invoice financing, crowdfunded by individuals and institutional investors. It is licensed and operating in Singapore, Malaysia and Indonesia (as Modalku).
Backed by Sequoia Capital, it was the recipient of the MAS FinTech Award (SME category) and is also the only digital lender in Southeast Asia to be recognized as top FinTech 250 firms globally by CB Insights.