An Issuer is not allowed to raise funds concurrently/simultaneously for the same purpose on our platform and other Peer-to-Peer (P2P) platforms.
However, an Issuer may be allowed to raise funds on our platform and an ECF platform at the same time, subject to the Issuer complying with the following disclosure requirements:
- Name of the ECF platform;
- Amount raised or to be raised from the ECF platform;
- Purpose of utilisation of the proceeds raised from the ECF platform; and
- Any other information requested by BR Capital from time to time.