The platform allows new, early stage ventures and small companies to raise much needed growth capital as they grow and mature. Alternative finance tend to be more transparent about fees and eligibility as well as flexible in terms of payment. Alternative finance allows businesses to use different assets for security.
The decelerating trend in inflation, which fell to 0.9 percent in September, has allowed us to reduce the interest rate on the BSP’s overnight reverse repurchase (RRP) facility by 75 basis points so far this year to 4.0 percent.