BigFundr is a fintech platform that enables retail investors to participate in low-risk, real estate-backed property loans, offering fixed returns typically exceeding 6% per annum. By providing rigorous credit assessments and multiple layers of protection, including first legal charge on properties and personal guarantees, BigFundr addresses the need for secure investment opportunities with capital and interest protection.
Funding
Funding not disclosed
Founders
Product
Problem
Retail investors often lack access to secure, fixed-income investment opportunities that offer attractive returns without exposing their capital to undue risk. Traditional investment options like government bonds offer low returns, while corporate bonds and high-yield debt carry significant risk.
Solution
BigFundr is a platform that provides retail investors access to property-backed loan deals, offering fixed returns typically exceeding 6% per annum. These short-term investment opportunities are secured by real estate collateral, providing a safety net for investors' capital and interest. BigFundr employs rigorous credit assessments and multiple layers of protection, including a first legal charge on the properties, personal guarantees from borrowers, and buy-back provisions from fund management companies, to mitigate risks associated with loan defaults. Investors receive monthly interest payments, accelerating the growth of their funds in a secure investment environment.
Target Audience
BigFundr primarily targets retail investors in Singapore seeking low-risk, fixed-income investment opportunities with moderate returns and capital protection.
Features
- Access to short-term, property-backed loan deals with fixed interest rates.
- Investments are secured by real estate collateral with a Loan-To-Value (LTV) ratio capped at 70%.
- First legal charge on the real estate, ensuring priority repayment in case of liquidation.
- Personal guarantees from the borrower entity, providing an additional layer of security.
- Buy-back provision from reputable Fund Management Companies, ensuring timely disbursement of funds even in case of delays or defaults.
- Monthly interest payments directly to the investor's BigFundr account.
- Streamlined onboarding process via Singpass for quick and secure account creation.