Once your investment account has been activated, you can begin to invest in the various notes that are available on our platform. To start, here's a brief timeline of the investing process:
Crowdfunding:
This is when you can manually invest in a note. A note remains in this status until the entire note amount is fully funded. Sometimes smaller note amounts are fully funded in a matter of seconds. We aim to optimize the number of investors who can participate in the notes by setting minimum and maximum investment amount limits.
Disbursal of notes:
Once the note is fully funded during the crowdfunding round, it will be disbursed to the SME. It takes about 1 business day for funds to be disbursed to the SME. You can check the note status in your portfolio, to track the progress of your investments.
Repayment by SME:
Depending on the various repayment schedules for our different products, repayments will be paid to your Funding Societies account. You can also check the repayment status of notes in your portfolio. Repayments can be used to reinvest into other notes or withdrawn to your bank account.
Making your first investment
Now that you are familiar with the investing process, here's how you can make your first investment!
1. Sign into your account here
2. Go to the “Browse Loans” section to view the ongoing funding opportunities. The ones with “Crowdfunding” status are available for investment. You will also receive email notifications when any note enters the pre-crowdfunding round.
3. Click on the note ID to view the Factsheet which provides details of the loan and business. Take note of the time that crowdfunding begins, if you wish to participate in it.
4. Once it is time for crowdfunding, you can login to your account again. Input the amount you want to invest under the “Investment Amount” column and check the box next to it. The minimum investment amount starts from S$100. Depending on the total note volume, the maximum amount could be capped to allow as many Investors as possible to participate. Click on “Confirm Investment” to complete your investment!
Notes will only appear in the Browse Loans page.