Empower Your Business With Strategic Financing
Companies require working capital to manage their day-to-day operations or for the expansion of business. We assist in securing the solutions to ensure that working capital is used efficiently and does not unnecessarily tie up valuable resources.
We will first understand your company from a financial and business perspective and determine what is most suitable for your needs. We then negotiate with more than 35 different institutions to recommend the most suitable solutions that will help your company achieve the most competitive rates and in the shortest time.
Types of Business Loan
Business Term Loan supports your day-to-day operation needs. Use it for business expansion or contingency plans. Get a specific amount with a specified repayment schedule and fixed interest rate. A term loan is appropriate for most businesses as there is no restriction on the industry your business is in.
- Up to $800,000 per entity
- Repayment tenure up to 5 years
- Fixed interest
- No collateral required
Working Capital Loans are loans offered by participating banks and financial institutions, partnered with Enterprise Singapore that is 90% risk-sharing. There is no restriction on the type of industry that the business is in. It is one of the loans out there that is of low interest rates and high approval.
- Up to $500,000 per entity
- Repayment tenure up to 5 years
- No collateral required
- Flexible repayment options
The SME Micro Loan is a government assisted financing scheme to help local SMEs access financing. Enterprise Singapore will provide risk sharing with participating banks & financial institutions to assist SMEs with financing. The SME Micro Loan can be used to manage daily operations and cash flow.
- Up to $100,000 per entity
- Repayment tenure up to 4 years
- No collateral required
- Flexible repayment options
Business overdraft is a line of credit that becomes available when you make any withdrawal for an amount greater than the balance in your business debit account. It gives you the flexibility in cash flow by making withdrawals even if the account is empty. Like a credit card, whenever you make a purchase, that amount is taken from your total credit limit, and whenever you make a payment, your credit limit goes back up. Interest charged only on the overdraft based on the credit you used.
Immediate access of funds
Quantum of financing up to 100% of your collateral
Interest charged only based on amount used