Line of Credit
A line of credit is a facility that is made available to you within a period of time. This means that you have the option to tap on the facility as and when you may require. This is particularly useful when you are not able to ascertain a specific time and amount of funds required.
Pre-approved limit up to 3x monthly cashflow
Pay interest and fees only when you draw down
Subject to lender's credit assessment
Repayment tenor up to 1 year
Stretch out your repayment to a year, no prepayment penalty.
Benefits
A line of credit can provide the liquidity when an emergency happens o help you fulfil short term spikes in order flows. The funds can help you hire new staff or purchase inventory.
A delay in payment from your buyer can cause short term liquidity shocks. Having a line of credit can give you additional buffer for your cashflow.
You pay back only what you’ve used, not the total amount approved.
Why explore Line of Credit through us?
A Team That Will Support You
We have a dedicated team that will walk you through your entire loan origination process and help you do the market research you need. So, you can focus your resources on your core business.
Faster Turnaround Time
Due to our familiarity with the origination process. We can reduce processing time substantially.
Higher Approval Rate
Improve your approval chances. We are very familiar with the credit criteria of most banks & lenders with a solid track record of approval rate.
Higher Finance Amount
Maximize your company’s borrowing potential across multiple banks in Singapore.
Within our extensive network of capital providers, we will assemble for you the appropriate financing strategy at the most favourable terms.