As of 8th August 2021
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Lending services to SME’s are powered by Funding Societies. FS Capital Pte. Ltd. and Funding Societies Pte. Ltd. are part of the Funding Societies Brand.
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Your eligibility to apply for Financing with Funding Societies is subject to you providing Funding Societies with all the necessary documents and information to enable it to conduct the assessments, verifications and such other checks as it deems necessary and to your agreement to Funding Societies' and Opal's Website Terms, Terms and Conditions, and Privacy Policies.
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If your Loan application is successfully funded, such Loan will be subject to the terms and conditions of the Loan Documents between yourself and Lenders;
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Funding Societies Pte. Ltd. is a crowdfunding platform licensed by the Monetary Authority of Singapore. The products offered by Funding Societies are governed by the Securities and Futures Act (SFA) and shall be construed and understood as a debt security regardless of the references to “loan”, “lending”, “finance” or “financing”.
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Opal may receive fees from Funding Societies for referrals, per terms and conditions of the signed partnership agreement.
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The relationship between Funding Societies and Opal is that of independent contractors and neither party has the authority to contract or legally bind the other in any way.
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Nothing contained in Opal’s website or other materials shall constitute any warranty that Funding Societies Funding Societies will process or fund your Loan request.