At SmartFunding, we employ both quantitative and qualitative analysis to assess the Borrower’s ability to fulfill debt obligations. The scope of our credit assessment and due diligence typically include: Financial analysis on the Borrower’s financials, with an emphasis on the Borrower’s capability to generate cash flow and their existing debt obligations; Site visits for physical […]
Category: For Investors
What are the recovery actions that may be undertaken by SmartFunding if a borrower default?
The recovery actions that SmartFunding may undertake on behalf of the Investors include the following: Appointment of a third-party debt collection agency to recover the amounts outstanding; Initiate legal proceeding against the Borrower; and/or Claim against the director/shareholder’s personal guarantee and/or the parent company’s corporate guarantee. Any cost in relation to the undertaking of the […]
How do I apply to become an Investor?
To become an Investor at SmartFunding, you must be aged 21 or above. The application is simple: Click here and select “1. I want to Invest”. Fill in the online application form on our website. You will receive a verification email from us. Verify your email by clicking “Activate my account”. Then, upload the following documents: a […]
What are your fees?
Please click here to understand the fees that SmartFunding charges Investors.
What are the documents required for signing up as an investor?
For Singaporeans and Singapore Permanent Residents (PRs) Coloured copy of your NRIC (front and back); and A copy of your bank statement (no older than 3 months) showing the account holder’s name, account number and address. For non-Singaporean and non-PRs Coloured copy of your Passport (pages bearing photo, personal details, and signature), and A copy […]
Can I be an investor if I don’t reside in Singapore?
Yes, you will be able to invest on our platform, but subject to certain country restrictions. You will also need to provide sufficient documentation so that we can verify your identity.
How long will it take to process my investor application?
We aim to process applications within 2 working days of receiving all required documents. Depending on the application, processing could take longer than 2 working days.
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 […]
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.