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Please have the following documents/info ready during our one-time professional complimentary assessment.
Latest 6 Months Bank Statement Of Company
Acra Bizfile
Credit Bureau Report
Latest 2 Years Personal NOA
Latest 2 Years Financial Statements
(if available)
List Of Existing Loans
(if available)
EnterpriseSG-backed financing capped at $500,000 per company. This loan offers high approval rates due to ESG support, making it the preferred choice for many businesses needing fast approval and competitive interest rates without early repayment penalties.
Preferred by banks
Fast approval
Competitive interest rates
No early repayment penalty
$500k cap per company
Consolidated loan exposure
This in-house bank loan without ESG support is typically capped at $200-300k per bank. It’s useful for companies that have maxed out their working capital loan exposure, offering additional funding with quick approval and no ESG loan exposure checks.
Extra funding
Fast approval
No cap on loan quantum
No ESG check
Early repayment penalty
Higher interest rates
The no bank statement loan is exactly what it sounds like, whereby companies can apply for a maximum of 230k with no documents required.
No documents required
Fast approval
Competitive interest rates
No collateral required
Unlikely to obtain approval for the full sum of 230k
Strong personal profile needed
The commercial property loan is available for companies looking to acquire a commercial property for investment or their own use. Loan to Valuation (LTV) ranges from 70-90% depending on purpose and banks.
Compare rates across all banks
Fast approval
Competitive interest rates
Accounts Payable (AP) financing, also known as supplier trade line or import financing, covers goods and services from your supplier. It provides a credit line ensuring supplier payment through a Letter of Credit/Trust Receipt, facilitating continuous cashflow.
Bridges supplier to customer payment gap
Continuous cashflow
Business self-operates, bank finances suppliers, customer services the line
Pay-as-you-use
Useful for short/no credit terms
Useful for short/no credit terms
Only available for established companies
Strong personal profile needed
Accounts Receivable (AR) financing, or invoice financing, uses your receivables as collateral for upfront cash before customer payment. It bridges the gap from invoicing to receiving payment, providing continuous cashflow.
Bridges payment gap
Continuous cashflow
Business self-operates, bank finances suppliers, customer services the line
Pay-as-you-use
Useful for companies with many receivables with long credit terms for customers
Based on customer strength
Only approved customers will be financed
Only approved suppliers will be financed
Equity Term Loan also known as property cash out or gear up, is the act of refinancing your property to extract a portion of the value as cash. The amount available to cash out is roughly as follows: Valuation - Outstanding loan - CPF used x (70-90%).
High approval rate
Large cash amounts
Low interest rates
Long tenure
Done under a company or personal name
Based on customer strength
Not suitable for small amounts
Not available for HDB
Personal loan is a type of loan normally given through a credit card (but not necessarily). The amount of personal loan you can take is capped by your monthly income and the limit of that particular card.
High approval rate
Instant disbursal
Low interest rates
Based on
Limited by monthly income
Affects TDSR and business loan approval
A residential property loan is used to purchase HDB or private residential properties, normally capped at 75% of the purchase price. The approved loan amount is determined by the monthly income and TDSR of the purchaser.
High approval rate
Lowest interest rates
Limited by TDSR
A floor stock is similar to a supplier trade line, but tailored to the car industry. Financing terms are better as the vehicle itself is a collateral. In general, financing may be up to 90% of the vehicle and tenure may be up to 1 year.
Essential for auto dealers due to high vehicle costs
Long tenure enables inventory leverage
Hard to approve without good financial health
Limited bank options
Block discounting is a back to back loan whereby the bank loans the car dealer a sum of money via a line, and the car dealer in term loans the sum to the customer. This product is suitable for car dealers which would like to provide in house financing to their customers as an added service.
Allows car dealers to earn a small markup
Long tenure enables inventory leverage
Hard to approve without good financial health
Limited bank options
An overdraft facility is a revolving line of credit secured by fixed deposit or keyman insurance. There is no tenure and installment to pay, as long as you are within the limit that is given.
Lower interest rates than business loans
Revolving line restores limit when any portion is repaid
No monthly installments, only a small minimum sum (e.g., $50) or none depending on the bank
No monthl
Must be secured by collateral
Only approved suppliers will be financed
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