*This interview with Warren Woon and Adrian Oliveiro was conducted on 21 February 2022 and all information within this story is accurate as of this date. Any updates on the company post 21 February 2022 is not reflected in the story. Warren Woon and Adrian Oliveiro had big plans for iGO; a tech solutions provider […]
5 Sep 2022 Dear Matched Lenders, Over the past three months, BRDGE has restructured its business on multiple fronts. The main aims are to address the apparent weaknesses, and concurrently enhance the other areas. During this short but intense period, we have committed to a few key elements that would take BRDGE to a level […]
22 July 2022 Since 16 June 2022, all loans disbursed via BRDGE thus far have been secured through legal charges on various assets, on top of personal guarantees. Secured Loans give BRDGE the legal right to repossess, foreclose on, or otherwise seize the pledged asset to recoup the outstanding balance of the borrower in the […]
It has been roughly two weeks since the Singapore government lifted dine-in restrictions to allow for further reopening. In the latest MOH dine-in restriction guidelines, dine-in group sizes have increased from five to 10, and live music can resume again. Sale and consumption of alcohol after 10.30pm at F&B businesses can resume on 29 March, […]
These few months have been extremely trying. Not just for individuals, but for businesses too. Covid-19 has changed everything – from the way we consume to the way we invest. Depending on how you see it, now can either be the most opportune or unfortunate time to take the plunge with new investments. I’ve been […]
Businesses, especially savvy SMEs and promising startups, are increasingly turning to crowdfunding platforms. During an economic downturn such this year’s, banks and other lending institutions are not only less willing to lend, but the interest rates are also unattractive to businesses that cannot afford them. According to a 14 July 2020 report by CNA, Singapore […]
“In order for a drowning man to be saved, he must first, ask for help,” Mr Liu says. Noting further that while businesses should first do what they can to help themselves, like cutting unnecessary costs, they will also require support from other sources like the local community, and the government.” Many SMEs across Singapore […]
“The government says that we can tell our landlords that we have to delay payment. If the Landlord agrees, good, if not, you either close the business or pay rent for the duration that you can’t make income.” says Mr Elvin Poh, owner of Outbar The month long Circuit Breaker measures in Singapore has hit many […]
Having first heard of the BRDGE in 2017, Ms Leong Jew Lee found it to be an interesting new asset class after some research as it presented a new way to fund many SMEs with its crowdfunding approach. This crowdfunding based alternative presented many opportunities to get themselves off the ground without bureaucratic processes preventing […]
Being a business owner for over 30 years, Mr. Desmond Aw, owner of Dreamland Production, describes the Coronavirus (COVID-19) situation as ‘disappointing’ & ‘miserable’. “I have been doing this for over 30 years, and this is the first time in my life that I am facing such a huge amount of losses. The situation is very unpredictable […]
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