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Minterest is started in the year 2017 by former bankers Charis Liau and Ronnie Chia.
Minterest gives out loans in the form of Business Term Loan and Invoice Financing.
Minterest has its proprietary credit assessment model that reflects both quantitative and qualitative factors taking into account business and financial risks of each borrower and their respective financing requirements.
Funds for Minterest are handled by an escrow agency, Vistra.
Transfer a minimum of $1,000 to the Minterest-identified escrow account to commence your investment journey. Typical minimum investment amount is $50 but may be higher or lower in certain situations. Additional investments can be made in multiples of $10, $50 or $100 depending on the conditions set by the Funding Request.