Crowd­fund­ing: Pro­tect­ing busi­nesses and fun­ders

Singapore Business Review - - MOST READ - BY GETTY GOH

The re­cent spate of neg­a­tive cor­po­rate news in Sin­ga­pore – bond de­faults and man­power re­trench­ment – has led banks to be­come more cau­tious about lend­ing. This could mean fur­ther tight­en­ing of the credit en­vi­ron­ment which is un­favourable for busi­nesses, es­pe­cially small and medium-sized en­ter­prises (SMEs). SMEs, who are sen­si­tive to mar­ket move­ments and credit flows, may find them­selves trapped in a few dif­fi­cult sit­u­a­tions.

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