What documents do I need to submit for a loan or invoice financing application?

In order for us to assess your application, please submit the following documents: ACRA Business Profile; Memorandum & Articles of Association; Last 2 years Financial Statements, or Management Accounts where applicable. In addition, please provide details of your customer and expected invoice(s) value if you are applying for invoice financing.

How do I sign up as a client?

Please click here to sign up. Simply register, indicate that you are signing up as a borrower and provide the required information to open a Client Account. Once opened, you can use the account to create Funding Requests for posting on our platform, subject to credit analysis and approval. If you are having trouble with creating the client account, please refer to video here.

How do I fund my Platform Account?

You can fund your platform account by making an online transfer either via FAST or GIRO to the designated bank account held by Vistra, our escrow agent. Details of the bank account can be found at your Dashboard Wallet when you make a deposit on the platform account. The bank account details are also reproduced below: Account name: Vistra Trust - Minterest Account number: 003-943613-0 Bank: DBS BANK Ltd If you are having trouble with funding your e-wallet, please refer to the guide here.

How do I sign up as a member?

Please click here to sign up. Simply register, indicate that you are signing up as an investor. When sign-up is confirmed, complete either the knowledge/experience or the suitability questionnaire and submit your identification documents. Once approved, you will have access to the platform to view live deals. Transfer a minimum of $1,000 to the escrow account (account details provided on the platform) to commence your investment journey. If you are having trouble with setting up your account, please refer to the guide here.

How does marketplace funding work?

Marketplace funding is the practice of financing a project, venture or business through the raising of funds from a large number of people (i.e. the crowd). With advancement in technology, marketplace funding has become a viable source of financing for businesses, as the costs of engaging the crowd have reduced significantly. Technology has allowed us to create a marketplace where companies and investors can interact efficiently and effectively, where financing and investments are conducted in real time. Technology has also allowed us to monitor and manage financing and investments efficiently.

What are the details that will be presented to the investors in the Funding Request?

Information will include:

Your company’s principal activities, purpose of the loan and source of repayment;
Key terms of the Funding Request including loan size, tenor and interest rate;
Any collateral to be provided to secure the loan;
A description of your company’s profile as well as the guarantors;
The main risks and mitigants associated with investing in your loan;
Financial highlights of your company, including the preceding two years P&L Account and Balance Sheet (if available);
Repayment profile of the loan or invoice financing.

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Disclaimer: Important Notice

Minterest Private Limited is incorporated in Singapore with registration no. 201607263W and holds a Capital Markets Services licence (CMS100573) issued by the Monetary Authority of Singapore (“MAS”) to deal in securities under the Securities and Futures Act, Cap 289 (“SFA”). All fundings arranged via our Platform, unless expressly stated, are made under the “small offers exemption” as prescribed under section 272A, “private placement exemption” as prescribed under section 272B, or “accredited investors and other certain persons exemption” as prescribed under section 275 of the SFA and is not made in or accompanied by a prospectus that is registered by the Monetary Authority of Singapore. We do not and will not perform any other activity that is regulated under any applicable Singapore law. In particular, we do not provide any form of investment advice or recommendation to any person. All data available on this website is strictly for information purposes only and should not be regarded as an offer, solicitation, invitation, advice or recommendation on our part to buy or sell any securities or other capital markets product or financial services. We make no representation or warranty (express or implied) as to the accuracy, completeness or quality of any information on this website. Users of this website are advised to seek independent financial, tax and legal advice or make such independent investigations as appropriate in connection with their use of this website. By using this website, you agree to be bound by our Website Terms of Use.