Property crowdfunding is a great innovative financing scheme - Business News - News Summed Up

Property crowdfunding is a great innovative financing scheme - Business News


Property crowdfunding (PCF) is an offshoot of the concept of crowdfunding. For those trying to understand what PCF means, they ought to realise that the world over, crowdfunding has taken off in a big way. It could wean out the need for traditional property agents and replace the need for mortgages from banks. But what the PCF platforms are unlikely to breed is unbridled speculation. Finally, the guidelines imposed by the Securities Commission ensure that the scheme is pretty safe from being used for untoward purposes.


Source: The Star May 18, 2019 00:11 UTC



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