BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  P&L  >  P2P Financing: When Is It Right for Your Business?

P2P Financing: When Is It Right for Your Business?

Chai Kien Poon, Country Head, Funding Societies Malaysia

25-Nov-24 11:00

P2P Financing: When Is It Right for Your Business?

Tired of waiting on bank loans or unwilling to give up equity? P2P financing might be the answer for your business.

Peer-to-Peer (P2P) financing has emerged as a game-changer for SMEs, providing accessible funding for short-term needs like working capital and growth initiatives. In this episode of P&L, Chai Kien Poon, Country Head of Funding Societies Malaysia, breaks down how P2P financing works, when it’s the right choice, and its place in the broader SME financing ecosystem. We also explore cost structures, risks, and how institutional partnerships are fueling the growth of P2P financing in Malaysia.

Key highlights from the conversation include:

- How P2P Financing Differs: A comparison with bank loans, venture debt, and equity crowdfunding.

- Common Use Cases: Examples of how Malaysian SMEs leverage P2P financing.

- Cost vs. Benefits: Understanding the cost structure and why SMEs opt for P2P despite higher annualised rates.

- When to Choose P2P Financing: Insights into identifying the right circumstances for P2P financing.

- Institutional Partnerships: The significance of collaborations with SME Bank, TERAJU, HSBC, and Maybank.

- Application Process: Steps from application to fund disbursement, including key approval factors and risk evaluation.

- Avoiding Pitfalls: Common mistakes businesses make with P2P financing and how to avoid them.

- Best Practices: Strategies for leveraging P2P financing effectively to drive business growth.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketseconomymanagingentrepreneursSMEinvestmentsalternativesfinancial wellness

Tags:  financing ecosystemaccessible fundingshort-term needsp2p financing





Play / Pause

Listen now : Open For Business : Kredence Creative Solutions’ CEO Tan Suet Keem discusses...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Heron Lim of Moody's Analytics discusses key takeaways from China's Summer Davos.

7:45 AM

Morning Brief

CF Fong, CEO of LGMS Berhad weighs in on whether MyGOV Malaysia app can really deliver convenience and security.

8:00 AM

The Breakfast Grille

H.E. Chantal Moser, Switzerland’s Ambassador to Malaysia discusses neutrality amid Trump-era tariffs and conflict in Gaza, the new EFTA deal, and ties in Southeast Asia.

8:30 AM

Morning Brief

Goh Cia Yee, criminal lawyer, discusses the latest verdict concerning Syed Saddiq's graft case.

8:45 AM

Morning Brief

(REPEAT) Muar MP Syed Saddiq speaks about his acquittal, the prosecution's appeal and his political future.

9:00 AM

Opening Bell

(REPEAT) Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

Clarence Chan of PwC Malaysia explains how boards can strengthen governance and turn complex cyber risks into clear business priorities.

10:05 AM

Open For Business

Kredence Creative Solutions’ CEO Tan Suet Keem discusses building a results-driven marketing agency and their playbook for turning online engagement into offline sales.

11:05 AM

P&L

1337 Ventures' Bikesh Lakhmichand shares a founder's guide to the first investor meeting, explaining what VCs, angels, and ECF platforms really want to see.

12:00 PM

Enterprise Explores

AI is Not the Internet: Why Every Job is in Danger. ScaleUp Malaysia’s Doc Siva presents his stark warning on why AI's impact on jobs will be unlike any previous tech revolution and what we must do to prepare.

1:00 PM

The Breakfast Grille Repeat

H.E. Chantal Moser, Switzerland’s Ambassador to Malaysia discusses neutrality amid Trump-era tariffs and conflict in Gaza, the new EFTA deal, and ties in Southeast Asia.

2:05 PM

Discovery Hour

Is self-diagnosing ADHD based on TikTok videos helpful or harmful? We find out the symptoms to look out for.

3:05 PM

Earth Matters

Nature Reads explores books connecting us to nature. This month, we're joined by Perpetua George, a conservation and sustainability veteran, who shares literary works that have inspired her.

3:35 PM

Earth Matters

Macaranga Wrap-Up: Environmental journalists Law Yao Hua and Wong Siew Lyn discuss June's top environmental news, including a Sabah forest reserve's global recognition, a Sarawak wildlife conservation win for an endangered langur, and renewed efforts against illegal e-waste.

4:05 PM

Health & Living

How patients diagnosed with nasopharyngeal cancer have found hope and companionship in the Cancer Survivor Support Group.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

7:00 PM

BBC World Service

8:00 PM

A Bit of Culture