Working Capital Loan
A Working Capital Loan is the most common type of financing that allows you to secure a loan of up to $500,000 at attractive interest rates without having to put up any collateral. The maximum loan tenure is 5 years , repaid over a fixed monthly instalment. Enterprises in need of working capital may apply for the loan. The Working Capital Loan is only applicable to enterprises that have been in business for a minimum for 2 years and have an annual turnover of at least $500,000. Other eligibility criteria also applies.
Interest Rate:
As low as 4.5% p.a.
*Subject to lender’s credit assessment
Tenor:
1year - 5 years
*Subject to credit assement
Loan Amount:
S$10,000 - S$500,000
*Subject to credit assement
Benefits
The benefits of a working capital loan is its flexibility of usage. This includes:
Purchasing of inventory
Hiring of new staff / payroll
Refurbishments
Rental downpayment
Purchasing of equipment
Why explore Working Capital Loan 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.