Can my Business issue more than one note through MoolahSense?

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• Can my Business obtain financing for more than one invoice within a single note?

  Yes, you may obtain financing for more than one invoice within a single note as long as they are drawn on the same customer and their payment due date is the same.

• What are the types of note structure?

  The types of Note Structure are as shown below: The business needs presented above are intended for illustration purposes and may not be exhaustive.

• What is the contractual agreement between Investors and the Business?

  When an Issuer (SME) accepts an offer, a provisional contract is formed between the business and each allocated investor. Both the Issuer (SME) and Investors are bound by the terms of the contract note executed in this manner, having endorsed the ...

• Is personal guarantee from the business owner required?

  At least one personal/corporate guarantee is required. At least one of the personal guarantors must also be either a Singaporean citizen of a Singapore Permanent Resident. Corporate Guarantors must be locally incorporated in Singapore.

• For tax invoices that I wish to obtain financing though MoolahSense, am I required to inform my debtor?

  Typically, there is no such action required on your part. When the repayment of your note is due, you are just required to ensure that your debtor makes the payment to you so that you can transfer the monies to our account for us to facilitate the ...