
Springboard Capital Ltd shares a rich history spanning over 20 years from conceptualization and 10 years as a formal lending institution.
In the year 2000, a group of friends came together and formed a social welfare group with the primary objective of supporting each other on social matters such as education, bereavements, weddings, and graduation ceremonies among others. Four years later, the group decided to increase its activities to include an investment arm.
With the investment portfolio, a company was formally registered with the name of Springboard Holdings Limited with the same shareholders as the welfare group. The shareholders increased their contributions several folds to enable them aggressively venture into various investment activities.
Springboard Capital Ltd – In 2010, the holding company diversified into Credit lending starting with its members on short-term periods. The effective running of the firm led to rapid portfolio growth, and by the close of the year, it had more than doubled. Having realized the potential the lending portfolio holds, members agreed that the lending portfolio needs to be run separately from the investment portfolio.