|Operations||All funds transfer will be managed by the escrow agent|
|Methodology||Business term loan and Invoice financing|
|Fees||8%-18% on fund raised|
|Minimum||S$1,000 per campaign|
|Default Rate||0% (public listed deals, still early to determine)|
Minterest is started in the year 2017 by former bankers Charis Liau and Ronnie Chia.
Minterest gives out loans in 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.
The minimum investment for Minterest is at S$1,000. Minimum investment for each campaign is at S$500.