Business Loans for SMEs
In need for some cashflow for your business? Is your rent due soon? or do you need short term liquidity to embark on a project? or maybe perhaps purchase more inventory?
Look no further….
Our Consultants are highly trained to ensure that you have the highest possible chance to secure that loan. To date, we have assisted many business owners and SMEs in applying and getting approval for business loans.
Here are the benefits of choosing us
Locally incorporated company with 30% local shareholding
Min 2 years in operation
Annual Turnover/Sales > $300k
If your company meets the following criteria and you wish to explore getting a business loan, please fill up the contact form below and we promise to revert to you soonest. Alternatively, call us at +65 6631 8980 or email at email@example.com
Keep growing your business with access to greater financing supported by SPRING Singapore! Under the SME Micro Loan Scheme, Companies can access working capital financing to support their day-to-day business operations better with the government sharing the risk with banks! Ensure you have sufficient cash flow with easier access to funds and grow your business better!
Simple Interest Rate (p.a.): 2.9%
Effective Rate (p.a): 5.5%
Loan Amount: Maximum $100,000
Loan Tenure: Up to 4 yrs
Keep your business going with access to financing supported by SPRING Singapore! Designed to provide SMEs with a way to allow SMEs to get financing in the difficult years between 2016 – 2019, the SME Working Capital Loan was introduced in Budget 2016 to aid local SMEs . This is a government assisted financing scheme that allows SMEs to access up to $300,000 working capital to grow your business with low-interest rates thanks to risk sharing with the government.
Simple Interest Rate (p.a.): 3.3% – 4.6%
Effective Rate (p.a): 6.75% – 8.75%