No. Not at the moment.
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When will I get repaid?
The repayment amount and dates will be provided on the loan sheet of each deal.
What are the risks involved when investing on SmartFunding’s platform?
Among others, below are the most common potential risks: Non-payment by the Borrower. The Borrower might fail to make any repayment. Once the Borrower is in default, SmartFunding will, on behalf of the Investors, commence recovery action. Despite all precautions, there exists nonetheless the risk that part or all of the debt is not recoverable, and […]
How do I know that my non-invested capital is safe with SmartFunding?
In compliance with the MAS regulatory requirement, Smartfunding has created a Client Money Account (CMA) with DBS bank for monies transferred by our Investors and Borrowers. The CMA account is set up such that all monies deposited in the CMA account is held on trust by Smartfunding for our clients, and monies held in the […]
What is a Client Money Account agent? Why is it necessary?
A Client Money Account (CMA) is an account opened by a financial intermediary firm to hold money that belongs to its clients. In compliance with the MAS regulatory requirement, Smartfuding have created a Client Money Account (CMA) with DBS bank for monies transferred by our Investors and Borrowers. Having a CMA account effectively ensures that […]
If SmartFunding does not, themselves, buy or sell debt securities, what exactly is their role?
SmartFunding acts as a platform that matches Borrowers with Investors. This role involves the following: Pooling of multiple Investors Credit assessment of Borrowers Legal servicing and facilitation of transactions Fund disbursement and monthly repayments collection Bad debt resolution
What is the difference between Annual Percentage Rate (APR) and Expected Net Return (ENR)?
We provide an Annual Percentage Rate (APR) and an Expected Net Return (ENR) for each deal. Annual Percentage Rate This is the annualized interest rate that is to be paid by the Borrower under the terms of the debt note. Expected Net Return This is the indicative return that Investors will receive after deducting the […]
Should I seek professional advice before investing on your platform?
Yes. Investors should fully understand the investment product and also the potential risks involved before investing in anything. If you require additional information on investing, we encourage you to seek professional advice.
Can borrowers make early repayments? What happens if they do?
Yes, some Borrowers are allowed to make early repayment, subject to them paying an early repayment fee.
What type of financing can I apply on SmartFunding for my business?
Currently, we provide only Term Financing and Buy Now, Pay Later (BNPL) for SMEs scheme. But we will launch other types of financing options soon. Contact us for more info!