{"id":6337,"date":"2021-12-29T03:17:46","date_gmt":"2021-12-29T03:17:46","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/?p=6337"},"modified":"2023-01-12T14:23:18","modified_gmt":"2023-01-12T06:23:18","slug":"3-key-things-to-know-about-crowdfunding","status":"publish","type":"post","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/3-key-things-to-know-about-crowdfunding\/","title":{"rendered":"3 Key Things to Know About Crowdfunding"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6337\" class=\"elementor elementor-6337\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-14f532b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"14f532b\" data-element_type=\"section\" data-e-type=\"section\" 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src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/3-key-things-to-know-about-crowdfunding-1-1024x379.png\" class=\"attachment-large size-large wp-image-6342\" alt=\"Business Loan consultant Singapore\" srcset=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/3-key-things-to-know-about-crowdfunding-1-1024x379.png 1024w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/3-key-things-to-know-about-crowdfunding-1-300x111.png 300w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/3-key-things-to-know-about-crowdfunding-1-768x284.png 768w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/3-key-things-to-know-about-crowdfunding-1-1536x569.png 1536w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/12\/3-key-things-to-know-about-crowdfunding-1.png 1615w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5d758c1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5d758c1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-06a4319\" data-id=\"06a4319\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c44058 elementor-widget elementor-widget-spacer\" data-id=\"5c44058\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5d7751e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5d7751e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d20704b\" data-id=\"d20704b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-80c61c1 elementor-widget elementor-widget-heading\" data-id=\"80c61c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3 Key Things to Know About Crowdfunding<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c3b2f61 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c3b2f61\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf245c8\" data-id=\"cf245c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9083308 elementor-widget elementor-widget-text-editor\" data-id=\"9083308\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"font-size-20 lh-1\">#1 Crowdfunding takes time<\/span><\/h3><div><a href=\"https:\/\/www.thebalancesmb.com\/best-crowdfunding-sites-4580494\" target=\"_blank\" rel=\"noopener\">Crowdfunding<\/a> mainly has three different steps, namely; loan sourcing, loan approval and fund sourcing.<\/div><div>\u00a0<\/div><div>The relationship manager will go out and source for loans from his personal network. Once he finds a suitable loan, he will draft the credit proposal to apply for loan. The credit risk department will then process the loan application. When the loan is approved, the fund manager will go through their personal network to source for investors. In some cases, investors can invest through the platform where the campaigns are posted.<\/div><div>\u00a0<\/div><div>\u00a0<\/div><h3><span class=\"font-size-20 lh-1\">#2 Crowdfunding is more expensive and lucrative at the same <\/span><span class=\"font-size-20 lh-1\">time<\/span><\/h3><div>Unlike the banks,\u00a0Crowdfunding platforms\u00a0often offer higher interest rates due to additional risk undertaken. As a result, most SME business owners will go to the bank for business financing as much as possible. Some SME business owners may be advised by <a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/loan-broker-vs-loan-business-consultant\">loan brokers<\/a> to go to Crowdfunding platforms if the company already have existing bank loan(s).<\/div><div>\u00a0<\/div><div>For the investors, this may be a new form of investment that was previously owned by the more privileged and banks. With an average monthly return of 1-2%, investing in Crowdfunding campaigns has proved to be a strong and reliable tool to accumulate wealth. This is grabbing the attention of the public.<\/div><div>\u00a0<\/div><div>\u00a0<\/div><h3><span class=\"font-size-20 lh-1\">#3 Crowdfunding has no risk at all?<\/span><\/h3><div>Every investment has its risk. Investing in campaigns is no exception. Hence it involves cautious planning and good judgement. Most investors are looking beyond the return and quantum. Most of them are looking for Crowdfunding companies that have the investors\u2019 interests in mind and willing to go beyond their way to ensure no default or delay on the repayment. Some of the leading Crowdfunding platforms like CapMarket and Funding societies are more cautious when it comes to approving the loans.<\/div><div>\u00a0<\/div><div>\u201cIf its our own money, we can be more relax on our criteria but this is our investors\u2019 money. We should feel a strong obligation towards the investors as they have placed their trust in us.\u201d\u2014\u2014\u2013 Melvin Ho, CEO and co-founder of CapMarket<\/div><div>\u00a0<\/div><div>\u00a0<\/div><h3><span class=\"font-size-20 lh-1\">Conclusion<\/span><\/h3><div>Investing in Crowdfunding campaigns definitely can be a good way to accumulate wealth. It is an alternative investment for many people apart from debt and equity instruments. Similar to stocks, it is also investing in the company, but investors get a closer look at the company and management. When you invest in company shares, you are investing in the company value at a point in time. Investing in Crowdfunding campaigns is different. You get a promised return after a period of time. However, it is also important to invest through companies that are dedicated to ensure that each and every loan are fully repaid on time.<\/div><div><b>\u00a0<\/b><\/div><div><b><i><a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.bizsquare.com.sg\/\" target=\"_blank\" rel=\"noopener\">BizSquare<\/a>\u00a0is a one-stop business consultancy firm providing Loan Consultancy Services, Accounting and Corporate Secretarial Services, Branding and Marketing Consultancy, Strategy Management and Start-up Mentorship.<\/i><\/b><\/div><div><b>\u00a0<\/b><\/div><div>\u00a0<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a9e3c72 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a9e3c72\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-48c9f07\" data-id=\"48c9f07\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cbf8b03 elementor-widget elementor-widget-spacer\" data-id=\"cbf8b03\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-836ee96 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"836ee96\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3ed00eb\" data-id=\"3ed00eb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c8c153a elementor-widget elementor-widget-image\" data-id=\"c8c153a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/contact-us\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"341\" height=\"126\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/11\/free-consultation.png\" class=\"attachment-large size-large wp-image-4662\" alt=\"best sme loan singapore\" srcset=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/11\/free-consultation.png 341w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/wp-content\/uploads\/2021\/11\/free-consultation-300x111.png 300w\" sizes=\"(max-width: 341px) 100vw, 341px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>3 Key Things to Know About Crowdfunding #1 Crowdfunding takes time Crowdfunding mainly has three different steps, namely; loan sourcing, loan approval and fund sourcing.&nbsp;The relationship manager will go out and source for loans from his personal network. Once he finds a suitable loan, he will draft the credit proposal to apply for loan. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[42,33,47,46],"class_list":["post-6337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-news","tag-business-consultant-singapore","tag-business-loan-consultant-singapore","tag-crowdfunding","tag-loan-broker"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>3 Key Things to Know About Crowdfunding -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/sgsmeloans.com.sg\/3-key-things-to-know-about-crowdfunding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Key Things to Know About Crowdfunding\" \/>\n<meta property=\"og:description\" content=\"3 Key Things to Know About Crowdfunding #1 Crowdfunding takes time Crowdfunding mainly has three different steps, namely; loan sourcing, loan approval and fund sourcing.&nbsp;The relationship manager will go out and source for loans from his personal network. 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