We are pleased to announce the launch of Capital Match, a homegrown Singapore-based peer-to-peer (P2P) lending platform that helps Singapore SMEs obtain loans financed by individual investors.
The objectives of the company are two-fold:
- provide business borrowers with the next best interest rates after banks, and
- give investors access to an attractive yield with a low investment entry amount.
Capital Match (CM) has an in-house credit function that carefully evaluates the circumstances and purpose of each borrower to determine an appropriate loan amount, tenure and interest rate.
This in turn allows CM to provide investors with a curated selection of loans to build their investment portfolio.
Helping SMEs with financing
According to figures released by Singapore SME consultancy Loyal Reliance, only about 13% of loan applications made by its SME clients in 2012 were approved.
