Affinity Financial Services

As we enter the Year of the Dragon, we extend our warmest wishes for a joyous and prosperous Lunar New Year to our valued partners. May the dragon's energy inspire strong partnerships and lead to abundant success in all your ventures.

Greetings from Team AFS.

As the clock strikes midnight, may your heart be filled with optimism and your soul brimming with happiness.

Wishing you a joyous New Year!

From Team AFS

🎄✨ Season's Greetings from AFS (Affinity Financial Services)! 🎅🏼🎁

Wishing you and your loved ones a joyous Christmas filled with laughter, warmth, and the magic of the season. May this festive time be a celebration of togetherness and a reflection of the wonderful moments shared throughout the year.

As we wrap up 2023, AFS extends heartfelt gratitude to our clients, partners, and community for the trust and support. Your journey towards financial well-being is our priority, and we look forward to continuing this journey together in the coming year.

May the spirit of Christmas bring you peace, the gladness of the season fill your hearts, and the New Year ahead be filled with prosperity and success. From our AFS family to yours, Merry Christmas and a Happy New Year! 🌟🎉

Being Legal is our #1 priority. We understand your concerns, that is why we only lend to serious business in Singapore. We ensure we are transparent and fair with all our dealings with you.

Selamat Hari Raya! As we celebrate this joyous occasion with family and friends, let us take a moment to reflect on the blessings that have been bestowed upon us. May this festive season bring happiness, peace, and prosperity to all. Let us embrace the spirit of forgiveness, kindness, and generosity, and spread love and joy wherever we go. Selamat Hari Raya Aidilfitri!

Do you know how to get your business loan approved?

Read Here :
https://afs.fund/2023/02/23/what-can-you-do-to-get-your-business-loan-approved/

Attention all small business owners! Looking to expand your operations or cover unexpected expenses?

Did You Know?

The average age of a successful startup founder is 45 years old.

Business funding is an important part of entrepreneurship. Follow us on Facebook or Instagram to learn more.

As we welcome the Lunar New Year, we would like to extend to you our warmest greetings and best wishes for a prosperous and successful year.

We are grateful for your support and trust in us and look forward to sharing our success with you in the coming years.

Happy New Year! We hope this year brings you all the opportunities and growth you've been working towards. We would love to be a part of your journey to success in the coming year.

Are you a startup? Are you looking for funding?

Here's is 3 ways you can get your funding from.

1. Friends and family
The easiest and best way is through friends and families. We call this the triple F: "friends, family and foolish money." It's the most basic form of crowdsourcing. Friends and family bring money with a level of care, and in most instances, they give you the independence to grow your business. They don't expect to be involved in business operations. They generally want to support your business because they have a vested interest in your success.

2. Debt financing
The second option is debt, debt financing or debt partners. You can have different scenarios of debt financing, including secure or unsecured loan. There are many options here, and each has its own set of benefits. Whether a credit card or structured debt like working capital loan, this option generally becomes available when you have some revenue as the loan and interest are expected to be paid back directly through the business's revenue stream.

The advantage of debt financing is that you preserve your company's ownership and continue to be the decision-maker when it comes to operations. Once the debt is paid off, the business owner is released of any obligations to the lender. Another advantage is that the interest payments are considered business write-offs and are therefore considered tax-deductible.

3. Financing through clients
The third option is to finance your business through your clients. Be profitable by identifying your founding clients who are going to fund your business. It's a bit more conservative, but you hold the most control this way. You can always structure your capital differently in the future. You can go to series A and find an investor with favorable terms when you have revenue. You can negotiate better terms when you have some revenue.

This article is adapted from :
3 Alternatives to Venture Capital Funding for Startups
By Roy Dekel, September 23, 2022

Wishing all an abundance, health, and happiness in the lunar new year.