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 : Enterprise Explores: Nigel Wong, President, The Malaysian Association of Tour & Travel...

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

Tony Nash of Complete Intelligence 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

Prof. Donald Leslie Baker from the University of British Columbia shares insights on South Korea’s future under new President Lee Jae-Myung.

7:45 AM

Morning Brief

TPr. Hj. Ihsan Zainal Mokhtar of IZM Consult discusses the vision behind and challenges ahead Malaysia’s ambitious AI-integrated township.

8:00 AM

The Breakfast Grille

Krishnaraj Tantri of Global Payments discusses how the company is capitalising on the growth of Asia's digital economies.

8:30 AM

Morning Brief

Michelle Leung, Bloomberg Intelligence shares insights on how Asian metal producers will respond to Trump's increased tariffs.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tony Nash of Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

Imran Yusof of MIDF reviews the first-quarter results season for Malaysian corporates.

9:35 AM

Ringgit & Sense

Robin Lee, former CFO of the World Gold Council tells us whether we should be investing in gold.

10:05 AM

Open For Business

Umar Munshi, Managing Partner of HASAN.VC

11:00 AM

Tech Talk

Adilah Junid, Director of Legal and Government Affairs at Microsoft Malaysia helps us unpack what’s in the works at Microsoft to tackle scams, the countermeasures that could work, and how consumers can stay one step ahead, considering the rise of AI-assisted scams.

12:00 PM

Enterprise Explores

Nigel Wong, President, The Malaysian Association of Tour & Travel Agents (MATTA)

1:00 PM

The Breakfast Grille Repeat

Krishnaraj Tantri of Global Payments discusses how the company is capitalising on the growth of Asia's digital economies.

2:05 PM

Discovery Hour

Is Malaysia doing everything it can, and should, in recruiting and retaining healthcare professionals?

3:05 PM

Beyond the Ballot Box

tbc

4:05 PM

Health & Living

How do you manage parental stress? Is self-care possible for today’s busy parents? We answer all your questions.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service