1 / 2

Know the Difference Between Peer-to-Peer Funding &Crowdfunding in Malaysia

However, people make mistakes in P2P financing and crowdfunding as one single way of arranging the finance. Well, there is a difference between the two and you need to know about it before applying for the same.

microfinancing
Download Presentation

Know the Difference Between Peer-to-Peer Funding &Crowdfunding in Malaysia

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Know the Difference Between Peer-to-Peer Funding &Crowdfunding in Malaysia Are you looking to raise funds for your small or medium-scale enterprise? Have you reach the doors of traditional banks but found no success at all? Well, in that case, you have an alternative financing route towards Peer-to-Peer Funding in Malaysia along with Crowdfunding. Both are well-suited financial models for enterprises to obtain a micro business loan in Malaysia. However, people make mistakes in P2P financing and crowdfunding as one single way of arranging the finance. Well, there is a difference between the two and you need to know about it before applying for the same. Crowdfunding VS Peer-to-Peer Funding Both types of business financial offer and share the same goal of raising the finance from individual investors who have their availability of lending platforms. And, both are non-bank financial alternatives for businesses to arrange online funds without undergoing complicated and cumbersome paperwork and documentation. The essential difference between the two lies in the way of returning funds to individual investors. Like, in the process of crowdfunding, issuers will repay the investors with rewards either in the form of their company’s products or equity share. But that too depends on the perquisites of a particular crowdfunding platform in Malaysia. For P2P funding, borrowers repay investors in a similar fashion to that of a traditional bank loan. The interest rate will be charged, along with a late payment fee, if borrowers fail to repay well on time. Top Benefits of P2P Financing in Malaysia • There is a fixed repayment rate right from the start of offering a micro business loan. • Easy to apply online from any location and using any device. • No demand for collateral is required under the realm of small business loans. • Quick approval of loan and finance transferred directly into the bank account. Top Benefits of Crowdfunding in Malaysia • You will get access to a marketplace of regular backers and supporters. • No need to worry about the payment process because crowdfunding platform will take care of the same. • The platforms have in-depth analytics of finding which rewards are the most popular and suitable for people to find your project online. Conclusion

  2. Now, you know the difference between P2P financing and crowdfunding. It’s totally your call of action to apply for any financial offer from the growth of your startup or medium-size business in Malaysia.

More Related