Recently, Funding Societies Malaysia has recategorized the notes on its platform. Previously, there were only Invoice Financing and Business Term Financing. Now, there are three types of notes (five types to be exact). Let’s go through them one by one. Business Term Financing This type of financing is used to fund the note issuers’ day …
I have not encountered defaulted note on Funding Societies Malaysia, so I have no first-hand experience on its management of defaulted notes. However, I have encountered several notes that did not repay on time. Thus, I have experienced how Funding Societies Malaysia handles these late notes. I like the way that this platform deals with …
I installed this app on the same day as Funding Societies Malaysia app. I have known the existence of this app but did not find it necessary till I need it. Fundaztic mobile app is available on both Google Play Store and Apple App Store. I am using the Android version. Interface The interface is …
Although I knew about Funding Societies Malaysia mobile app for quite some time, I have only installed it recently as I prefer to use the website instead. Nonetheless, due to recent travelling, I need to have an alternative. Thus, I downloaded the app from Google Play Store and tried it. It is also available on …
Equity crowdfunding (ECF) is almost like stock investment. The money is provided in exchange for shares (equity) in the company. Its reward includes the capital gain (by selling the shares) and dividend if any while its risk is the failure of the company (bankruptcy) and losing all the invested fund. There are 6 such platforms …
